The economy that’s in a recession? That one? The one we aren’t out of yet? Or were you talking out of your ass about something else?
Um…that it might go up, which would have a further detrimental impact on our foreign trade? Or were you talking about something else? What do you base you prediction on? Goat entrails and left wing blogs?
You understand correctly. One would think that this would inspire you to consider WHY we maintain surpluses, even when we have crop failures, or why crop failures engender price increases in the US…not starvation. Did you think we were simply immune to bad luck, being American and all? :rolleyes:
If we were embargoed by anyone that mattered (I could see, oh, say North Korea or Iran embargoing us, for instance, but not the EU, Japan, South Korea, Canada, etc etc) is that they would be cutting their own throats. They might hurt us…it would kill them.
If our currency goes tits up you might as well write off much of the worlds economy, including your precious China…it would be tits up time. Oh…and having our currency go down would actually HELP us, export wise. It would hurt China big time, which is why they go to such effort to keep the US currency high and their own artificially low.
Have you considered opening a book on the basics of economics and trade? It might be more profitable for you than reading loony left wing blogs or just using your own well honed (snort) intuition and ‘common sense’.
Ah…I see the problem here! You think that ‘peer reviewed journals’ are like tarot cards or palm reading! Obviously never having read one, you have arrived at the wrong impression! Let me assure you that if you ever do get around to reading such a beast it’s not going to tell you the winning lottery numbers for next Thursday.
Glad we could clear that up old boy! Next time just bring these little misapprehensions of yours out and we’ll clear em right up for you, ehe?
So, instead I should appeal to ignorance, as you are doing? Well…I’ll keep that in mind. After all, I don’t believe there is a logical fallacy about ‘Appealing to ignorance and popular memes’, so that’s got to score you double points.
Since you haven’t bothered to lay out what the ‘unrealistic fantasies and misconceptions about the market’ might be, or how I’m incorrect about how it relates to human beings (which is particularly funny, since I don’t actually think you have any idea what the Market or even A market is…gods, that’s rich), I’ll just soldier on. When you feel you want to actually try and make a point, do try and consider actually making it, instead of repeating this line of horseshit, m’kay? Thanks old boy, and remember that these days many decaffeinated beverages are just as tasty as the real thing…I mean that sincerely.
And yet, you’ve laid out not argument on how we would do so. Intuitively (even using the intuition of folks untrained in this field, in fact just some of that ‘common sense’ stuff), it seems pretty false on the face of it…after all, if we COULD compete with the Chinese on price on, say, clothing (just as a fer’instance), then, well, WE’D BE DOING IT.
As to raising tariffs, certainly it’s been done. We COULD do that, no doubt. It’s pretty universally considered a Bad Idea for a country like the US to raise tariffs across the board (by those idiots and no nothings who are economic experts in the field), but yeah, we could do that.
How will this solve our problems is a mystery though. It will make goods and services more expensive, and will probably lead to even more reciprocal tariffs being levied against the US, which will further drive up the prices (and also lead to US companies who export to places like China being hard hit and possibly having to lay off people).
Just a thought here…maybe if you laid out one of those ‘argument’ thingies, detailing or even glossing over outrageously how this would benefit the US, how such an imposition of tariffs would work…well, maybe we could ‘discuss’ it? It’s a radical idea, and it breaks the mold of you just asserting that everyone is wrong and all, but perhaps you could give it a whirl? You could explain how the tariffs would be imposed, on who, for how much, for what duration, etc etc, and then…
Do you expect that low skilled blue collar workers (the strong lower classes as you put it earlier, to paraphrase) would be the ones building the robots? And that we’d need so many of them that this would make any kind of difference at all in the unemployment numbers? That it would make up for the fact that the costs of goods and services (which, correct me if I’m wrong, would have a far greater impact on those poor, huddled masses than the Fat Cat Capitalists, lighting their fine Cuban cigars on the backs of the peasantry, etc etc and all that jazz) would be made up by masses of jobs in robotic manufacturing??
The US already has a very vibrant and dynamic manufacturing sector. Far from withering on the vine or whatever, our productivity is actually increasing (and would be increasing more except for that really nasty recession thingy that you keep ignoring). This does not, however, translate into bunches and bushel baskets full of low paid, low wage, salt of the earth manufacturing jobs for the poor huddled masses. It translates into a few highly skilled and well paid workers, engineers and technicians. If you brought, say, clothing manufacturing back to the US it wouldn’t mean that we’d have manufacturing plants stuffed to the gills with workers, busily working away like good little bees. We don’t build stuff on the Chinese model anymore, and we won’t be building things on that model ever again. Why? Because the average US citizen isn’t willing to work for $.25/hour for 14-16 hours a day plus all the hazardous smoke and chemicals they can breathe or eat.
Hm…well, if you agree then I’m going to need to re-think what I’m saying there. It MUST be wrong…
Dude…robots already do much of the automated assembly and manufacturing in the US. This isn’t fantasy…it’s ‘reality’, at least it’s the reality that the rest of us have to live in. Have you been living under a rock for the past 4 decades? This isn’t exactly anything new.
As to the rest of your claptrap, the less said about it the better. It’s basically futuristic fantasy at this point. It’s not going to impact us in the short or medium term, has nothing to do with the fact that the US (and most other modern nations) already rely heavily on automation , and it has nothing to do with this discussion.
Gods…the irony. You just blew up an industrial strength, Straight Dope rated irony meter that’s lasted me for weeks now…
Too funny. I’m hoping that most of your post was done tongue in cheek by you, but I’m afraid you are serious. THAT is truly scary…
It’s your argument. If you think it makes some point for you, then by all means, look it up, put in a link and cite the relevant passages and I will dutifully read it and make comments. If not then I’ll take it to mean ‘I gots nuffin and was just sending you on a wild snipe hunt…’ and leave it at that.
Oh…a for real business owner, ehe? Well…that settles that. This obviously gives you an across the board view of all economic sectors and allows you to make real and meaningful anecdotal statements that give a genuine and expert snapshot of…
Oh, I jest. It means absolutely nothing. If you want to make a point then either make it logically or give me a cite or link and quote the relevant passages that illustrate whatever you think you are getting at. And, FTR chief, I own my own business as well (‘for real’)…and there are many other 'dopers who either own their own businesses now or have in the past. It cuts exactly zero ice, at least as far as I can tell from my own anecdotal experience here on the 'dope. Hell, even if you were an expert in the field (which clearly you aren’t, at least not in the field of economics or trade) you’d STILL need to back up your assertions.
‘Workers’, of course, based on the above, would run the gamut of white and blue collar, say from millions a year to $10’s of thousands a year. That’s a BIG category. And why would business owners be above ‘workers’? Above all ‘workers’, or just above their ‘employees’? Do they get some sort of card or something to indicate their above-ness, or is there a secret handshake or something? If so, where do I get the details, since it’s obvious I’ve been missing out on all this good class warfare stuff…
-XT