Coffee, chocolate and especially oil will easily find other markets if the US can’t or won’t buy them anymore. As RickJay says, the real question is, where will the US get such things if the OP’s mad plan is implemented (and what about the host of other commodities that the US imports and that are widely available and used by our citizens)? And, even more importantly, how much will they cost in the OP’s brave new world?
-XT
I see there is a question mark at the end of your sentence. Perhaps that means I’m supposed to repeat back to you what you wrote. So I’ll ask YOU, where will the US get coffee, chocolate, and oil?
Well? No answer? Oh, you are so burned, I got you good. And some other nonsense about 2 year olds and 5 year olds.
16million people are earning $0!!!111one
Ah, I see another question market at the end of a sentence, allow me to reword what you wrote to make it seem like I came up with something original:
So what’s even more super duper important, how will they afford it if they EARN ZERO DOLLARS! In YOUR world everyone will be outsourced and earn $0.
WHAT DON’T YOU GET ABOUT THAT!?!?!?!?!
But they will have all those juicy low low wage high volume jobs so they will be able to afford $50 for a pound of coffee, $10 for a chocolate bar and $20/gallon gas! We’ll just do it all ourselves and then we won’t have to import anything from any dirty furriners (except Europeans, Canadians and Japanese).
-XT
Cite?
And no, that doesn’t mean you are supposed to ask me for a cite. It means you are supposed to back up what you said. You know, proof. Beyond just your make believe world.
Oh? Documented where? Perhaps you’d, you know, provide citations. Or just ask me for a cite because you have nothing and that’s what you do. Now you can tell me that I’m the one that has nothing, ah yuck yuck.
Still waiting to see you show you understand supply and demand.
If Apple changes the price of an ipod, will demand change? Yes or no?
See, that’s how you destroy someone. Ask them a question from the first week of the first course of first year economics. When you babble back at us about people earning $0 it becomes perfectly clear you’ve never set foot in academia.
But do please continue to tell us how dumb we are, then suggest we should have tariffs.
At least you’re committed.
“We need unemployment, it’s the only way for growth. Without unemployment a business can’t start because there is no one to be employed.”
“I’ve been hiring lately and I love high unemployment. It means I get multiple applicants, good applicants.”
“When unemployment was low in 2006 job applicants were crap, they were the dregs of society, the leftovers and unemployables no one else wanted.”
Yup, I fucking love it. I also love the housing bubble, I ended up in a house I couldn’t afford 4 years ago. Stock market crash was fun too, SKF all the way to 200.
Do please tell us more about tariffs, and that magic 5/9ths.
Still waiting for that cite.
Blah, blah, blah.
Black Knight while you’re sitting here imagining yourself handing me my ass has it ever occurred to you that when 86% of America opposes you it basically means almost 9 out of 10 Americans simply wish that people like you would go away?
You may not realize that sitting here behind your “we think we’re smarter than everyone” enclave but really… you’re not wanted.
Way to wallow in the pride of being a despicable excuse for a human being.
Hocus pocus, baby.
In 2005 a single American manufacturing worker put out an average of $104,606, whereas a Chinese worker generated $12,642 in output. That’s an 8 to 1 productivity ratio in favor of the American worker.
Just because you don’t believe the numbers doesn’t make them untrue.
Yet another reason why most of America wants cretins like you to go away.
Why is it that every other post you make has something about grabbing emacknight’s ass?
It’s getting disturbing.
He discovered that 99.99% of Americans hate assholes, so he’s even less liked than the pro-offshorers.
Still trying to convince yourselves that 86% of the country is dumb and you’re one of the few smart ones?
Would you mind just explaining where the USA will get oil, coffee, and chocolate?
Don’t be silly:
The gas station, Starbucks and Mrs. See’s.
Why do you keep coming back to this despite the number of times it’s been explained to you why it’s a logical fallacy?
Regarding coffee, chocolate and oil, what you do, see, is take your limited stocks of chocolate and force-feed them to a bunch of teenagers, fattening them up to make them unattractive and undateable. Then you make them drink coffee to increase their stress levels about how unattractive and undateable they are. Then you swab the oil off their stressed out, sweaty, greasy, puberty-processing, acne-laden skin.
In 1990, 86.2% of Americans considered themselves Christian, meaning they believed:
an invisible man living in the sky who watches everything you do, every minute of every day. And the invisible man has a special list of ten things he does not want you to do. And if you do any of these ten things, he has a special place, full of fire and smoke and burning and torture and anguish, where he will send you to live and suffer and burn and choke and scream and cry forever and ever 'til the end of time!
But He loves you. He loves you, and He needs money! He always needs money! He’s all-powerful, all-perfect, all-knowing, and all-wise, somehow just can’t handle money! Religion takes in billions of dollars, they pay no taxes, and they always need a little more. Now, you talk about a good bullshit story.
So does that mean it’s true?
What if 86% of people told you that was a logical fallacy, would you then have to believe it? Or would that make it a logical fallacy and therefor be wrong?
Well, of course. But not only that, they all wished the remaining 13.8% of Americans would go away – that they were not wanted – a fact which all non-Christians should have agreed with and adhered to. Failure to convert to Christianity would be to admit a laughably untenable elitism.
It’s a moot point, however, since in the 1992 elections the immoral and elitist non-Christians will find themselves run out of the country. Good riddance.
Are you playing grab ass with 86% of the American public?
I’m reasonably sure that 90% of Americans would support offshoring of you.
Aiee. Please read up on the Lucas critique. You can’t simply assume that moving all production of American-purchased goods from China to the US would result in a ceteris paribus eight-fold increase in productivity. To do so would ignore all sorts of confounding factors – not the least being the fact that the production currently done in the US is most likely to be the kind of work that Americans are most productive at doing.
And then you have to deal with the dramatic increase in competition for American workers driving up wages; an increase in variable capital costs for similar reasons; higher levels of pollution …
Nonsense! The average American worker could easily produce 8 times more low-cost goods – like firecrackers, bottle openers, coffee cups, etc. than his Chinese counterpart.
What I’m not quite understanding is that if the average American manufacturing worker builds three Toyota Camrys per year, why is the Chinese worker so inefficient he can only build half of a Camry each year? Or are Camrys cheaper in China?
Because as we all know, the type of manufacturing done by American and Chinese workers is EXACTLY THE SAME. It’s not like American workers focus on lower volume, more technological, more complex manufacturing; and Chinese workers focus on low value added, low complexity manufacturing. If there’s one thing I know about business, manufacturing a disposable wristwatch is exactly comparable to manufacturing a 787 wide-body jetliner.