-Caveat Lector-
Dispelling mythology ...
William Hugh Tunstall wrote:
Yes, we do need trade unions.
MJ:
Why? To artificially inflate wages, costs and further unemployment?
William Hugh Tunstall wrote:
And NAFTA is a harbinger of the end of the American middle
class.
MJ:
Certainly, one should strive to restore Free Trade -- rather than
a Statist farce such as NAFTA.
William Hugh Tunstall wrote:
During the nineteen twenties, the wealth got concentrated at
the top, while the other sectors of the American economy grew
poorer.. Inevitably, Americans didn't have the disposable
income to buy the products to keep the system going..
MJ:
Look at the MONETARY policies eminating from the Government's
chief 'monkey-wrench': the Federal Reserve. During the period
you reference above, there 'loose' policies are the cause as
mathematically and factually demonstrated by Friedman's research
on the money supply and Mises incessant pointing and subsequent
work by Robert Higgs.
William Hugh Tunstall wrote:
The unions help keep some of the money(power) in the hands of
working people...
MJ:
How?
William Hugh Tunstall wrote:
Also, an effective system of tariffs and the enforcement of
anti-monopoly legislation would help somewhat....
MJ:
There are two types of monopoly; coercive and natural.
A natural monopoly would provide the BEST product at the BEST
price -- there has NEVER been such.
A coercive monopoly cannot exist without Government supplying
barriers to entry and other restrictions.
How exactly is 'anit-monopoly' legislation going to curtail what
the 'legislator's' created?
William Hugh Tunstall wrote:
NAFTA is only one brick in the NWO that has helped push
the country into decline. (Of course, some of the people
on this list will argue just the opposite...that we are in
an era of unprecedented growth and prosperity thanks to
"free trade.")
MJ:
NAFTA is NOT -- repeat NOT -- Free Trade.
Regard$,
--MJ
The primary reason for a tariff is that it enables the
exploitation of the domestic consumer by a process
indistinguishable from sheer robbery. -- Albert Jay Nock
Manufacturing and commercial monopolies owe their origin not to a
tendency imminent in a capitalist economy but to governmental
interventionist policy directed against free trade and laissez
faire. -- Ludwig Mises,
A policy of subsidizing failures will end in an economy strewn with
capital-guzzling industries long past their time of profitability
- old companies that cannot create jobs themselves, but can stand
in the way of job creation. -- George Gilder, _Wealth and Poverty_
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