Protectionism makes a comeback in the US?

Young Komsomol Member Joined : 18 May 2008 Posts : 136

http://news.bbc.co.uk/2/hi/business/7048568.stm

That's the story, from the BBC, about a new Protectionist trend in US politics, meaning new tariffs and such. The people are talking about how free trade is making them poorer. This is more because of xenophobia, but could it help usher an end to capitalism? What do you guys think?[url=http://news.bbc.co.uk/2/hi/business/7048568.stm][/url]

Subject: Re: Protectionism makes a comeback in the US? Wed May 28, 2008 9:48 am

seems to be stupidity nothing new from america.

Young Komsomol Member Joined : 28 Mar 2008 Posts : 119

To have a successful economy for a majority of your people, you need to have more exports than imports. Closing that possibility destroys any chance of that.

here's an idea, stop outsourcing and make better quality items. Then people in other countries will buy our stuff and we won't have to worry about all this.

Subject: Re: Protectionism makes a comeback in the US? Wed May 28, 2008 9:34 pm

wwll dhu wtf do you think they are doing (or atleast what I hope they are)