Comments on: Four Economic Mistakes

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Velda — Fri, 28 Jan 2011 20:48:10 +0000

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By: Brian Westenhaus

Brian Westenhaus — Tue, 11 Nov 2008 15:33:15 +0000

Thank you Mr. Speirs. Sentence fixed, I think. English is the only language, albeit done poorly, its getting info out that isn’t otherwise. OK, I breezed through math and science and struggled with English. Still do!

By: Robert Speirs

Robert Speirs — Tue, 11 Nov 2008 14:20:09 +0000

“But will the mood of the Congress be updating regulatory matters instead seek to compel another form of conduct? ”

This sentence is incomprehensible, unfortunately. I feel that this posting contains some good ideas, but often the language is not clear. Is English not the author’s first language?

By: Brian Westenhaus

Brian Westenhaus — Tue, 11 Nov 2008 00:50:48 +0000

First, do no harm. I’m not suggesting that there be a blanket dropping of trade policy, rather that no new restrictions come into being and those treaties in the pipeline get approved by Congress with best possible speed.

Bigger producer and customer pies benefit everyone. Sometimes it hurts folks when competition gets hot, but a slowing economy only puts more price pressure on everyone. So Don’t make the first, most awful, mistake!

By: Marcel F. Williams

Marcel F. Williams — Sat, 08 Nov 2008 18:24:48 +0000

I’m a strong believer in free trade— amongst nations that are free and democratic. But I also believe in tariffs on nations that are not free and democratic since it cost this country hundreds of billions of dollars annually to protect ourselves from nations like China, the Middle-eastern theocracies, and a back sliding Russia.

Free trade with China has been a disaster, IMO. How could we have allowed such a fascist state to purchase US treasury notes?

Free trade amongst free and democratic states is the only path towards peace and global economic prosperity because it puts pressure on non-democratic states to move towards democracy in order for them to gain full access to the powerful free markets of the free world.

Marcel F. Williams

http://newpapyrusmagazine.blogspot.com/

By: Matt in NC

Matt in NC — Fri, 07 Nov 2008 19:44:32 +0000

I believe that it is a mistake to make blanket statements about protectionism. I would submit that major restrictions in the money supply by tightening credit, increasing taxes and raising bank reserve requirements had more to do with squelching trade than the tarrifs did.