Intermarkets' Privacy Policy Support
Donate to Ace of Spades HQ! Recent Entries
Sunday Morning Book Thread - 10-13-2024 ["Perfessor" Squirrel]
Daily Tech News 13 October 2024 Saturday Overnight Open Thread (10/12/24) Saturday Evening Movie Thread [moviegique]: An Evening With John Carpenter (Prince of Darkness/The Thing) Hobby Thread - October 12, 2024 [TRex] Ace of Spades Pet Thread, October 12 Gardening, Puttering and Adventure Thread, Oct. 12 Renaissance People The Classical Saturday Morning Coffee Break & Prayer Revival Daily Tech News 12 October 2024 Absent Friends
Bandersnatch 2024
GnuBreed 2024 Captain Hate 2023 moon_over_vermont 2023 westminsterdogshow 2023 Ann Wilson(Empire1) 2022 Dave In Texas 2022 Jesse in D.C. 2022 OregonMuse 2022 redc1c4 2021 Tami 2021 Chavez the Hugo 2020 Ibguy 2020 Rickl 2019 Joffen 2014 AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published.
Contact OrangeEnt for info:
maildrop62 at proton dot me Cutting The Cord And Email Security
Moron Meet-Ups
|
« Mid-Morning Art Thread |
Main
| Twitter Hacked; Hackers Gain Total Control of High-Profile Political Accounts Including Barack Obama's and Joe Biden's; Josh Hawley Wonders if Twitter is a National Security Threat »
July 16, 2020
The Morning Rant: Minimalist EditionThe complexities of the global economy make simplistic solutions for the problems caused by offshoring and dumping and unfettered immigration, like "MORE EDUCATION!" a bit silly. And even defining terms is difficult. Many people around here are for free trade as imagined in textbooks, but when that trade is used as a weapon the way China has for the last two generations it becomes problematic. David Ricardo's, and more recently Paul Samuelson's "comparative advantage" is a powerful idea, and one that is axiomatic. But when that advantage is driven by anti-freedom policies that are antithetical to the idea of free trade, then comparative advantage breaks down. Slave labor in Chinese factories, uncontrolled pollution, shockingly unsafe work environments and a host of other differences between Western economies and China's make the elegant concept of free trade a bit naive. Should America Still Believe in Free Markets? America’s evolving trade war is an expression of a broader frustration in the country with free markets. It’s not just Trump voters who are fed up. A 2020 Institute of Politics poll of Americans aged 18 to 29, who tend to skew Democratic, found fewer than half with a favorable view of capitalism. Where once America was synonymous with free markets—because they embodied individualism, that that most archetypal of American values—today we see the specters of economic nationalism and even socialism, although the precise meaning of these terms, even among their proponents, remains contested.The author veers off into a discussion of "human capital," and of course that means spending more money on education, because the trillions we have already spent just aren't enough. But he does explain some of the issues, and it's worth a read. But free trade is still the best form of economic transaction, it's just that it has to be free for all involved. That means that the millions of Chinese workers who have no choice because the Chinese government controls where they live, or simply enslaves them makes the current scheme of trade between China and the rest of the world inherently unfair and unfree. President Trump recognizes that the economic playing field is tilted in China's favor, and he is willing to accept some local and temporary distortions of trade in order to improve the long-term prospects for the American economy. And contrary to the pontifications of the Left, and even many on the Right, his actions are not the first shots of a new cold war. China began that war a long time ago, with the tacit approval of the GOPe and much of corporate America. President Trump is simply recognizing the reality of an noncompetitive situation and working to resolve it in America's favor. And that means in the American worker's favor. One of the clear benefits of globalism is the world economy's ability rapidly to redirect resources. The idea that China is the only economy large enough to handle the needs of the world for consumer and business goods is a canard. Just ask the smaller countries in the region whether they would like a shot at some of China's business! | Recent Comments
Tonypete:
"I'll tell you one thing, Bennett Cerf wouldn't put ..."
Skip : "Irongrampa- that is on Andersonville prison in the ..." Notsothoreau: "Have you read The Beauty and The Sorrow? It's exc ..." OrangeEnt: "I'll tell you one thing, Bennett Cerf wouldn't put ..." vmom stabby stabby stabby stabby stabamillion: "Sgt. Mom, that sounds super interesting. I wish I ..." [/i][/s][/b][/u]Oddbob: "[i]His WWI and WWII accounts sometimes get bogged ..." Castle Guy: "I didn't manage to finish reading anything this we ..." IRONGRAMPA: "My favorite book for years was Andersonville by Mc ..." yara: "As multiple people have said: when you're quoted o ..." vmom stabby stabby stabby stabby stabamillion: "Eris, this one is a bit blander than her more rece ..." Thomas Paine: "The fourth book in the chronicles of Amber series ..." Notsothoreau: "I'm reading Elon by Walter Isaacson. I think this ..." Recent Entries
Sunday Morning Book Thread - 10-13-2024 ["Perfessor" Squirrel]
Daily Tech News 13 October 2024 Saturday Overnight Open Thread (10/12/24) Saturday Evening Movie Thread [moviegique]: An Evening With John Carpenter (Prince of Darkness/The Thing) Hobby Thread - October 12, 2024 [TRex] Ace of Spades Pet Thread, October 12 Gardening, Puttering and Adventure Thread, Oct. 12 Renaissance People The Classical Saturday Morning Coffee Break & Prayer Revival Daily Tech News 12 October 2024 Search
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Primary Document: The Audio
Paul Anka Haiku Contest Announcement Integrity SAT's: Entrance Exam for Paul Anka's Band AllahPundit's Paul Anka 45's Collection AnkaPundit: Paul Anka Takes Over the Site for a Weekend (Continues through to Monday's postings) George Bush Slices Don Rumsfeld Like an F*ckin' Hammer Top Top Tens
Democratic Forays into Erotica New Shows On Gore's DNC/MTV Network Nicknames for Potatoes, By People Who Really Hate Potatoes Star Wars Euphemisms for Self-Abuse Signs You're at an Iraqi "Wedding Party" Signs Your Clown Has Gone Bad Signs That You, Geroge Michael, Should Probably Just Give It Up Signs of Hip-Hop Influence on John Kerry NYT Headlines Spinning Bush's Jobs Boom Things People Are More Likely to Say Than "Did You Hear What Al Franken Said Yesterday?" Signs that Paul Krugman Has Lost His Frickin' Mind All-Time Best NBA Players, According to Senator Robert Byrd Other Bad Things About the Jews, According to the Koran Signs That David Letterman Just Doesn't Care Anymore Examples of Bob Kerrey's Insufferable Racial Jackassery Signs Andy Rooney Is Going Senile Other Judgments Dick Clarke Made About Condi Rice Based on Her Appearance Collective Names for Groups of People John Kerry's Other Vietnam Super-Pets Cool Things About the XM8 Assault Rifle Media-Approved Facts About the Democrat Spy Changes to Make Christianity More "Inclusive" Secret John Kerry Senatorial Accomplishments John Edwards Campaign Excuses John Kerry Pick-Up Lines Changes Liberal Senator George Michell Will Make at Disney Torments in Dog-Hell Greatest Hitjobs
The Ace of Spades HQ Sex-for-Money Skankathon A D&D Guide to the Democratic Candidates Margaret Cho: Just Not Funny More Margaret Cho Abuse Margaret Cho: Still Not Funny Iraqi Prisoner Claims He Was Raped... By Woman Wonkette Announces "Morning Zoo" Format John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia World Muslim Leaders Apologize for Nick Berg's Beheading Michael Moore Goes on Lunchtime Manhattan Death-Spree Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears Liberal Economists Rue a "New Decade of Greed" Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility Intelligence Officials Eye Blogs for Tips They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq Leather-Clad Biker Freaks Terrorize Australian Town When Clinton Was President, Torture Was Cool What Wonkette Means When She Explains What Tina Brown Means Wonkette's Stand-Up Act Wankette HQ Gay-Rumors Du Jour Here's What's Bugging Me: Goose and Slider My Own Micah Wright Style Confession of Dishonesty Outraged "Conservatives" React to the FMA An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear The Story the Rightwing Media Refuses to Report! Our Lunch with David "Glengarry Glen Ross" Mamet The House of Love: Paul Krugman A Michael Moore Mystery (TM) The Dowd-O-Matic! Liberal Consistency and Other Myths Kepler's Laws of Liberal Media Bias John Kerry-- The Splunge! Candidate "Divisive" Politics & "Attacks on Patriotism" (very long) The Donkey ("The Raven" parody) |