USA is "No. 1" in nothing but weaponry, consumer spending, debt, and delusion.

[onthebottom]

It becomes a conservative issue when one of their own shoots down the assumption that "free trade" and the current direction of the US economy will continue to benefit most Americans. He clearly indicates his belief that the GOP and the administration are effectively lying to American citizens about where this will lead, and that they could give a rip about how many people get sucked under. Again, this from one of their own.

"Misled by propaganda "free trade" claims, Americans will be at a loss to understand the increasing career frustration of the college educated. Falling pay and rising prices of foreign made goods will squeeze US living standards as the declining dollar heralds America's descent into a has-been economy."

"Meanwhile the Grand Old Party has passed a bankruptcy "reform" that is certain to turn unemployed Americans living on debt and beset with unpayable medical bills into indentured servants of the credit card companies. The steely-faced Bush administration is making certain that Americans will experience to the full their country's fall."

Who was it again that signed NAFTA?

Free trade is not a "cons" issue, there are many on both sides of the isle that would like to clamp down on nations who dump cheap goods here, luckily cooler (and more intelligent) heads have prevailed to date.

I see a direct parallel to the "Dobbs" hysteria about China and what happened in the 70s and 80s with Japan and the Auto industry.

OTB

 

[someone]

It's nice to see you wish to stick to this tired old refrain. As for cheap shots - keep them to yourself - because I don't share your rather narrow view of the the world's economy doesn't warrent this bull shit post.

You also don't share the view of reality.

I suggest that broaden your point of view - BTW wants this BS about supply/demand regarding currencies and labour - your point was that wages are the same in China as the US when you consider exchanges, clearly they are not.

Given your trouble reading my posts, I can believe that you have not read a book in years. It would likely be too demanding. I never said wages were the same in China and the U.S.

What suggest for you is to climb out of the text book and see how it works in the real world. Anyways clearly your prove that a little education is a dangerous thing - I'm done with you if you can't expand your beyond the text book.
bbk

And I am done with someone who does not even realize how embarrassing it is to admit that he has not read a book in years. I think that that admission says more about you than anything I could say.