Hmmmm missed this debate. First off from what I have seen 1stdeadeye, Collegeboy, and Shartley all in essence agree about the original question of the thread (Why is everything made in China). The differences all come down to semantics and I find it interesting that CB chooses to put things in the most incendiary way (China produces these things better...). Plus why do you (CB) say that the cheap labor argument is just a myth then turn around and say it has to do with the components of production. Since your very next post discusses that labor is a component of production you are essentially agreeing with the cheap labor argument (which you call a myth). It is almost like you have to say something is wrong just to prove that you know something special even though every idiot anywhere knows that cheap labor is what draws multinationals to produce goods in China.
Now in regards to tarrifs I have no idea why some people would want to seal off our country from trade. If history has shown anything it is that countries that seal off their borders eventually fall behind and are dominated by other nations. An interesting fact is that Japan had more firearms (and better firearms) than any other nation at one point (including European nations). Then they decided to outlaw them and seal off their borders. They tried to rid themselves of everything foriegn. Of course Captain Perry with his ship with guns put a stop to that!
Some tarrifs are definetly good. First off some industries are vital for national security (even such things as farming). Furthermore while in theory the "invisible hand of market forces" will eventually restore a balance the fact remains that this process is slow, painful, inefficient, drastically effects culture, etc. We do not live in the "long run" since we all grow old and die. Furthermore as human beings we are not purely motivated by economic forces. Obviously huge forced cultural changes (by economic forces) is not good for the human psyche! Therefore some tarrifs are needed. We could even get into unfair trade practices by other nations where they protect their own industries and try and destroy ours as further arguments for tarrifs but then we would be going on forever....
Now in regards to tarrifs I have no idea why some people would want to seal off our country from trade. If history has shown anything it is that countries that seal off their borders eventually fall behind and are dominated by other nations. An interesting fact is that Japan had more firearms (and better firearms) than any other nation at one point (including European nations). Then they decided to outlaw them and seal off their borders. They tried to rid themselves of everything foriegn. Of course Captain Perry with his ship with guns put a stop to that!
Some tarrifs are definetly good. First off some industries are vital for national security (even such things as farming). Furthermore while in theory the "invisible hand of market forces" will eventually restore a balance the fact remains that this process is slow, painful, inefficient, drastically effects culture, etc. We do not live in the "long run" since we all grow old and die. Furthermore as human beings we are not purely motivated by economic forces. Obviously huge forced cultural changes (by economic forces) is not good for the human psyche! Therefore some tarrifs are needed. We could even get into unfair trade practices by other nations where they protect their own industries and try and destroy ours as further arguments for tarrifs but then we would be going on forever....


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