To Ben Rivera: With most economic powers practicing some form of protectionism - especially the Asian variety - it makes no sense for the U.S. to hold itself to the doctrine of free, unadulterated trade. To demand that the U.S. keep its markets completely open, without protection for its industries is akin to asking America to box with one arm tied behind its back, while the other countries - China, South Korea, Japan, India, etc. - are swinging at us with both arms, knuckles and elbows.
One of the important lessons of getting older and wiser is knowing that what they teach us in textbooks about free trade is not applicable in the real world because every country in the global village is playing with loaded dice. It is naive for some Americans to think that free trade is even possible. Every country is a protectionist, if it wants to win. The losers are the ones who are practicing pure, unadulterated free trade. America has been a loser for decades because we are listening to the professors in Columbia U., Harvard and Princeton who may or may not be on the payroll of the Japanese, the South Koreans and the Chinese. C On Tue, Nov 20, 2012 at 11:19 AM, <[email protected]> wrote: > ** > > > > Ben Rivera: Sorry Cesar that I'm not one of your fan and the idea of > manufacturing and or trade protectionism is an outdated and discredited > idea in a global economy. Protectionism is used by countries when they > think their industries (e.g., manufacturing) are being damaged by unfair > competition by other countries. It is a defensive measure and it is usually > politically motivated. A protectionist policy in the U.S. will of course > invite retaliatory protectionist policies from other countries as well. In > the long run, a protectionist policy can make the country and the > industries it is trying to protect, less competitive on the global > marketplace. Eventually, consumers worldwide (not only in the U.S.) will > pay more for a lower quality product. Increasing U.S. protectionism will > slow economic growth and cause more layoffs. Please note that there are > about 12 million U.S. workers who owe their jobs to exports. This is the > reason why the U.S. have entered into free trade agreements with several > countries such as the NAFTA, CAFTA, etc. to reduce or eliminate tariffs and > quotas between trading partners. > > The right thing for the U.S. to do to be more competitive in the global > market is to improve its economic fundamentals such as having competitive > taxes, adequate infrastructures and making sure that other countries play > by the rules of a free market economy (i.e., no tariffs, no quota, no > subsidy or deliberate reduction of currency values). > > > Cesar Lumba:The fan base for my website, us-consumer.com, continues to > expand as more and more people discover it or hear about it. I don't know > how to link the website to others to expand readership, but if I learn how > to do this, the visits to the website could go viral. > > The idea of manufacturing protectionism in the U.S. has apparently > struck a chord, with many Americans eager to contribute their voices to the > cause. Read the glowing reviews it is receiving in the *Comments*section. > > It's time more mainstream Americans and Fil-Ams are exposed to the idea > of U.S. protectionism as a way to bring manufacturing back to our shores. > Every major economic power does some form of protectionism, it's only the > U.S. that refuses to do so. > > But hear ye: things are a-changin' in this neck of the woods. > > Cesar > > __._,_.___ > Reply via web > post<http://groups.yahoo.com/group/Worldwide-Filipino-Alliance/post;_ylc=X3oDMTJzbGk4YmVjBF9TAzk3MzU5NzE0BGdycElkAzIxNzM4NDkwBGdycHNwSWQDMTcwNTAxNTU5NARtc2dJZAMxMjI5MDMEc2VjA2Z0cgRzbGsDcnBseQRzdGltZQMxMzUzNDM5MTky?act=reply&messageNum=122903> > Reply > to sender > <[email protected]?subject=Re%3A%20Cesar%20Lumba%27s%20U%2ES%2E%20Protectionism%20Policy%20Is%20A%20Dumb%20Idea> > Reply > to group > <[email protected]?subject=Re%3A%20Cesar%20Lumba%27s%20U%2ES%2E%20Protectionism%20Policy%20Is%20A%20Dumb%20Idea> > Start > a New > Topic<http://groups.yahoo.com/group/Worldwide-Filipino-Alliance/post;_ylc=X3oDMTJmN29zaDYyBF9TAzk3MzU5NzE0BGdycElkAzIxNzM4NDkwBGdycHNwSWQDMTcwNTAxNTU5NARzZWMDZnRyBHNsawNudHBjBHN0aW1lAzEzNTM0MzkxOTI-> > Messages > in this > topic<http://groups.yahoo.com/group/Worldwide-Filipino-Alliance/message/122894;_ylc=X3oDMTM5cDJzMWplBF9TAzk3MzU5NzE0BGdycElkAzIxNzM4NDkwBGdycHNwSWQDMTcwNTAxNTU5NARtc2dJZAMxMjI5MDMEc2VjA2Z0cgRzbGsDdnRwYwRzdGltZQMxMzUzNDM5MTkyBHRwY0lkAzEyMjg5NA-->(2) > Recent Activity: > > - New > Members<http://groups.yahoo.com/group/Worldwide-Filipino-Alliance/members;_ylc=X3oDMTJnaWVhbzBjBF9TAzk3MzU5NzE0BGdycElkAzIxNzM4NDkwBGdycHNwSWQDMTcwNTAxNTU5NARzZWMDdnRsBHNsawN2bWJycwRzdGltZQMxMzUzNDM5MTky?o=6> > 2 > > Visit Your > Group<http://groups.yahoo.com/group/Worldwide-Filipino-Alliance;_ylc=X3oDMTJmbTR1dHI4BF9TAzk3MzU5NzE0BGdycElkAzIxNzM4NDkwBGdycHNwSWQDMTcwNTAxNTU5NARzZWMDdnRsBHNsawN2Z2hwBHN0aW1lAzEzNTM0MzkxOTI-> > [image: Yahoo! > Groups]<http://groups.yahoo.com/;_ylc=X3oDMTJlMmI5OWxjBF9TAzk3NDc2NTkwBGdycElkAzIxNzM4NDkwBGdycHNwSWQDMTcwNTAxNTU5NARzZWMDZnRyBHNsawNnZnAEc3RpbWUDMTM1MzQzOTE5Mw--> > Switch to: > Text-Only<[email protected]?subject=Change+Delivery+Format:+Traditional>, > Daily > Digest<[email protected]?subject=Email+Delivery:+Digest>• > Unsubscribe<[email protected]?subject=Unsubscribe>• > Terms > of Use <http://docs.yahoo.com/info/terms/> • Send us Feedback > <[email protected]?subject=Feedback+on+the+redesigned+individual+mail+v1> > . > > __,_._,___ > -- You received this message because you are subscribed to the Google Groups "Center for Good Governance" group. 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