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Uncle Joe

(61,274 posts)

50. Reality is the "Law of diminishing returns."

Reply to Romulox (Reply #47)

Wed May 2, 2012, 04:48 PM

May 2012

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Free traders do NOT want to discuss WHY manufacturing is coming back to the USA [View all] Zalatix May 2012 OP

"In order for free trade to even exist, one populace has to be impoverished." HiPointDem May 2012 #1

Yes yes yes. It's the labor arbitrage Populist_Prole May 2012 #18

"Free trade is all about the (labor) arbitrage." Including US trade with Canada or Australia? pampango May 2012 #33

You're mixing the idea of trade with "free trade". girl gone mad May 2012 #66

Prison labor will solve the repukes problem with increasing global wage increases. Elwood P Dowd May 2012 #2

Prison and the under sixteen year population. Repukes nirvana - free slaves. geckosfeet May 2012 #3

Try Googling "Top 10 Corporate Tax Loopholes" and you learn "The Rest of the Story" FreakinDJ May 2012 #4

true. labor & tax arbitrage. HiPointDem May 2012 #55

H. Ross Perot was right James48 May 2012 #5

i always hear how we have to be competitive. ejpoeta May 2012 #8

+1 uponit7771 May 2012 #10

Ross Perot was a free-trade monopolist. n/t Uncle Joe May 2012 #58

China Is Already Losing DallasNE May 2012 #6

Africa has horrible infrastructure and some very spotty governments, I guess. Systematic Chaos May 2012 #7

Not for the Southern Countries but of course they'll run out of head room too in prices uponit7771 May 2012 #11

Good point. Mexico is much closer. treestar May 2012 #9

Apple Does Some Stuff In Mexico DallasNE May 2012 #23

They want us to be more like Mexico treestar May 2012 #24

I worked for a company that made phones. CrispyQ May 2012 #14

Mexico has actual labor laws nadinbrzezinski May 2012 #17

to your last question shanti May 2012 #63

Mexico wasn't passed up-- they just became 'too expensive' early in the process. Marr May 2012 #69

You've never dealt with the issue treestar May 2012 #12

Why do you think that is? jp11 May 2012 #20

Why didn't their wages go up? treestar May 2012 #25

As I predicted, you're not even dealing with the topic at hand. Zalatix May 2012 #26

Why is it that cheaper labor is used? treestar May 2012 #30

With tariffs, I can move to the midwest, or pass living wage laws to help the midwest Zalatix May 2012 #39

Get what? treestar May 2012 #44

I run a business, I don't fanatically try to save. Zalatix May 2012 #51

An economist like Paul Krugman would answer: this is great! eallen May 2012 #13

Paul Krugman has allegedly repented his Neoliberal ways. You're massively out-of-date. nt Romulox May 2012 #15

Got a link to show Paul Krugman now opposes free trade? Nye Bevan May 2012 #21

"...there is a short-run case for protectionism" Paul Krugman, February 1, 2009. Romulox May 2012 #27

"Everything I’ve just said applies only when the world is stuck in a liquidity trap..." Nye Bevan May 2012 #40

"...a lot of 'yes, but!' type nonsense," Romulox May 2012 #45

From a Paul Krugman "expert" who isn't up to speed with the man's work from 2009, no less. Romulox May 2012 #46

Here ya go, a few examples Zalatix May 2012 #28

Not nearly to the extent you think. eallen May 2012 #62

It's a far cry from what Krugman used to say. Zalatix May 2012 #68

Offshoring was not about comparative advantage. Zalatix May 2012 #32

Excellent post, Zalatix. Bookmarked. Love your excerpts and (quite liberal) scenario: pampango May 2012 #16

The problem for your theory is that jobs will LEAVE the third world and come back here. Zalatix May 2012 #29

True, but they will have built up a domestic market that they did not have before. pampango May 2012 #36

Correction: They couldn't have done this without sucking us dry. Zalatix May 2012 #37

China is an export-oriented economy as is Germany (which is much more export-oriented pampango May 2012 #49

It'll be a long, long time before they stop becoming export-dependent. Zalatix May 2012 #57

Utopian capitalism is a tough sell, these days. nt Romulox May 2012 #31

Just responding to the "utopian" scenario in the OP, my good Romulox. n/t pampango May 2012 #34

Right, but the so-called "utopian" scenario in the OP was MOCKING your ideology-- Romulox May 2012 #35

It did. Zalatix May 2012 #38

I don't see "mocking" in the OP nor did many others, but thanks for coming to Zalatix' rescue. pampango May 2012 #54

Right above your post Zalatix confirms my interpretation. Is this feigned confusion, or real? nt Romulox May 2012 #56

"What happens when you run out of sources of cheap labor" mathematic May 2012 #19

Good news. This shows that free trade works. Nye Bevan May 2012 #22

What... Marr May 2012 #70

A group of energy analysts did a study that predicted that because of Obama's energy policies, bluestate10 May 2012 #41

What happens is, labor world wide gains power against corporate supremacy. Uncle Joe May 2012 #42

A one world Government? How many did you knock back to come to THAT conclusion? Zalatix May 2012 #43

When global labor; become equalized as per your OP and it gains power, Uncle Joe May 2012 #48

A global government would incite a global civil war instead. Or global fascism. Zalatix May 2012 #59

1. A global government would be larger than any national government. Uncle Joe May 2012 #60

Nice pipe dream. You won't even get that far. We've been trying and it has failed repeatedly. Zalatix May 2012 #61

It took World War I to bring about the League of Nations, it took World War II to create Uncle Joe May 2012 #65

The so-called global powers do not have the influence to force Asia to join. Zalatix May 2012 #67

No nation needs to be forced. Uncle Joe May 2012 #71

And if China and the Middle East reject said government, which they will Zalatix May 2012 #72

Then it's almost global in which case humanity will need to learn to walk before it can run. Uncle Joe May 2012 #73

You fool nobody. Not a single person is persuaded by this type of schlock. nt Romulox May 2012 #76

Please come back when you actually have a legitimate rebuttal to my argument. nt Uncle Joe May 2012 #78

First you need to have an argument. Zalatix May 2012 #79

Um, in *reality* that happens, or was it some sort of fever-dream? Romulox May 2012 #47

Reality is the "Law of diminishing returns." Uncle Joe May 2012 #50

So hard to produce a quippy response to gibberish! nt Romulox May 2012 #52

He's been watching too much Star Trek lately. Zalatix May 2012 #75

He's gone too far now. It's obviously a put-on. Not subtle, *at all*. nt Romulox May 2012 #77

Grover Norquist had a really scary response to that question Taverner May 2012 #53

Years ago I said jobs would come back when we were impoverished enough lunatica May 2012 #64

Piracy is another reason jmowreader May 2012 #74