I'll Trade Ya !......"wtojr"
Posted 10-14-2009 at 08:17 AM by skeptic1
There is much proof and little doubt that international "Trade" is an important factor in our economy in creating employment.
Each of our trading partners usually has something we lack and want/need or can funish it at a price we cannot compete with.
We appear to them in the same light.
When a significant "out of balance" between the partners occurs the employment status and benefits derived can be altered to the point of causing serious harm to one or both patners.
Such a condition is now with us.
World wide needs of producers to meet competition has caused many firms to find and exploit low cost labor to reduce production costs and increase profit that of course our own manufactures had to join in to stay in the game to the extent of closing their production facilities here in the U.S.A. dismantling their equipment and reopening their plant in a low labor cost country.
I do not have the facility to produce analytical information but there are many experts that do and their URLs are shown below.
Of prime importance is the claim that for every billion dollars of a negative trade balance 13,000 jobs are lost. It is said that at (I believe) the year 2000 we lost three million jobs and at this time 2009 we hav lost seven million jobs.
The evidence provided indicates world wide unemployment figures as well as”our” trade balances year by year.
http://en.wikipedia.org/wiki/List_of...mployment_rate
http://www.census.gov/foreign-trade/...ical/gands.txt
http://www.epi.org/publications/entry/bp117/
Each of our trading partners usually has something we lack and want/need or can funish it at a price we cannot compete with.
We appear to them in the same light.
When a significant "out of balance" between the partners occurs the employment status and benefits derived can be altered to the point of causing serious harm to one or both patners.
Such a condition is now with us.
World wide needs of producers to meet competition has caused many firms to find and exploit low cost labor to reduce production costs and increase profit that of course our own manufactures had to join in to stay in the game to the extent of closing their production facilities here in the U.S.A. dismantling their equipment and reopening their plant in a low labor cost country.
I do not have the facility to produce analytical information but there are many experts that do and their URLs are shown below.
Of prime importance is the claim that for every billion dollars of a negative trade balance 13,000 jobs are lost. It is said that at (I believe) the year 2000 we lost three million jobs and at this time 2009 we hav lost seven million jobs.
The evidence provided indicates world wide unemployment figures as well as”our” trade balances year by year.
http://en.wikipedia.org/wiki/List_of...mployment_rate
http://www.census.gov/foreign-trade/...ical/gands.txt
http://www.epi.org/publications/entry/bp117/
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