A fool-proof plan for economic recovery: [modified]

[Oakman]

Rob Graham wrote:

What would you place tarrifs on? We already have tarrifs on things that seem to hurt rather than help (Sugar, ethanol, etc.)

How about steel, toys, clothing - just off the top of my head.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

[Oakman]

Richard A. Abbott wrote:

So how should global entities be treated

Tax their entire income in every country in which they do business.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

[Lost User]

That might possibly be a way of making certain imports more expensive all without the formal use of tariffs. But there is a problem, differentiating between home made and imported where the product make/model is identical in every respect as this company, as many do, operates a production line in the USA as it does in, say, the Far East producing identical stuff. If you were to insist that taxation for foreign made items to be different from home brew items, who is going to pay the company to redesign either the home grown stuff or the imported stuff, after all, you must have a way of telling them apart. Certainly you will need to advertise what is essentially the same product at two or more different prices. It could possibly be disastrous.

[Rob Graham]

Steel- Do you really think the mills in Pittsburgh or Birmingham will start back up? Is there anyone willing and able to work in them? Does either city want the pollution back? Do we really want the energy cost? I would propose instead a tax subsidy for recycling steel in country (today it's cheaper to ship it to Japan for re-manufacture). Instead of taxing it's importation, lets make internal recycling competitive. Toys - were we ever a player in that business? Clothing - The return of the double-knits? The NYC sewing sweatshops. Who besides (mostly illegal) immigrants worked in the clothing (not fabric manufacture) side of things?

[Rob Graham]

Stan Shannon wrote:

Just about any thing could trigger the implosion of massively overpopulated urban centers in the modern world. I think human civilization could be reduced to cannibalism in a matter of weeks.

Like a really big solar flare that mucks up the electrical grid for months instead of just days.

[Oakman]

Rob Graham wrote:

Like a really big solar flare that mucks up the electrical grid for months instead of just days.

Never thought of that - I keep waiting for the Big One in California. But, hell, if Krakatoa was to blow its top again, we could end up with one year of world-wide bad harvest.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

[Oakman]

You could, I think, end up proving that the best thing we could do would be to eliminate any stateside production of anything.

Rob Graham wrote:

Is there anyone willing and able to work in them

I caught this on the news this afternoon: A medium-sized city announced a single opening for a school janitor's position. There were 700 applicants in 24 hours. No, that's not nearly as tough as a steelworker's job, but it doesn't pay as well either.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

[Oakman]

Richard A. Abbott wrote:

If you were to insist that taxation for foreign made items to be different from home brew items, who is going to pay the company to redesign either the home grown stuff or the imported stuff, after all, you must have a way of telling them apart. Certainly you will need to advertise what is essentially the same product at two or more different prices.

Seems like that would be the company's problem. However, for the what seems like the millionth time, I am not in favor of tariffs between trading partners who have a free market, including in labor, at home, and who are not irresponsible when it comes to the environment or product safety. If theses mthologically identical products are manufactured under the same social circumstances, there is no need for taxing the entry of either product into either country. If one of them has been produced by 12 year olds chained to the production line 12 hours a day and the other produced by willing and well-paid adults, then we should impose a tariff, not only to protect our own businesses, but to eliminate at least some of the profit in slaveholding.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

[Lost User]

Oakman wrote:

However, for the what seems like the millionth time...

Sorry.

Oakman wrote:

slaveholding

What generally is public opinion in the USA on this subject. How much influence does this public opinion, including any adverse publicity, have on such retailers. How ethical is the United States towards these impoverished foreign based workers. There was a time when our prestigious Marks & Spencer's sold items of clothing made in such sweatshops. But no more after the company was humiliated on national TV.

[Rob Graham]

Oakman wrote:

You could, I think, end up proving that the best thing we could do would be to eliminate any stateside production of anything

Well, for all practical purposes, we have just about eliminated most manual labor jobs outside of construction. Which, in part, is why the housing bust hurt so bad. I don't really think we should eliminate all production jobs, I'm just not sure which ones we can or ever get back, or should even try to get back. Steel sounds good, not sure about toys and clothing. Autos if we can convert it to a sustainable business that doesn't depend on creating replacements every 2-3 years. Aircraft (there's one where the health care subsidy hurts), Maybe silicon solar cells... there has to be some new manufacturing opportunities that we just haven't bothered to explore.

[Oakman]

Richard A. Abbott wrote:

Sorry.

I didn't mean millionth time to you. I was just afraid I was begining to sound like Johnny-one-note.

Richard A. Abbott wrote:

How ethical is the United States towards these impoverished foreign based workers.

Most people don't know, most of those who do - left, right, or center, don't care. Lou Dobbs is excoriated for bringing the issue up on his show.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

[Lost User]

Oakman wrote:

I was just afraid I was begining to sound like Johnny-one-note.

I'll let you know if and when you do.

Oakman wrote:

Most people don't know, most of those who do - left, right, or center, don't care.

Then shame on them. People like you and me have a conscience. So these unfortunates will continue to be unfortunate and will continue to live and work in squalid conditions. Lou Dobbs - that's a name I remember from years ago - isn't he one of Ted Turner's anchormen at CNN?

[Oakman]

Richard A. Abbott wrote:

Lou Dobbs - that's a name I remember from years ago - isn't he one of Ted Turner's anchormen at CNN?

He was actually co-founder with Ted. Left CNN and started up Space.com, came back and became a voice for American populism. He's been attacked by the right because he doesn't think shipping our jobs out of country wholesale is a good things, and the left because he is an ardent capitalist and calls socialism, socialism when it rears its head. and by both sides because he's deadset against the invasion of illegals we are facing on our souther border. He's usually called a racist because he opposes any form of amnesty for them - which is ironic, since his wife is Mexican.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

[Lost User]

Krakatoa - why not look at the Caldera a little closer to home. YellowStone's Super Volcano.

[Oakman]

Richard A. Abbott wrote:

YellowStone's Super Volcano

Because, as I understand it, when that blows it is a major disaster - Sodom and Gomorrah time in the west US, and likely to bring on not a year-of-no-summer like Krakatoa, but a year-of-unending-winter.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

[Lost User]

And from what I have read about this, it looks as though this event could be a tad overdue.

[Oakman]

Richard A. Abbott wrote:

it looks as though this event could be a tad overdue.

So's the Big One in California.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.