Durran Korr wrote:The difference is not enough to get an education or heath care so it hardly matters.
19th-century American laborers could afford neither healthcare nor education; nor could poor people in Hong Kong about 60 years ago. Higher standards of living take time to develop. And a higher wage is still a higher wage; anytime it's higher, people are going to be better off.
So what? that may have indeed been tha case, but that is nothing more than an excuse to justify what can only be described as immoral.
They are when they lobby the white house about those 'oh so hurtfull to American jobs cheap forign imports' and get the protection they want.
No, they don't, chief. A few industries get protection (steel, lumber, agriculture); most do not.[/quote]
And agriculture, textiles, happen to be areas which directly affect development in third world nations.
The US and such organisations as the IMF expect that in return for aid that countries open up their markets to direct competion and investment and food imports and reduse or abolish their subsidies/tarriffs to their own farmers and textile workers. The US argricultural subsidies are such that to dispose of surpluses they are sold off at below the cost of production via commercial channels. This means that farmers in the third world cannot get an economic return on their own goods thanks to the fact that they cannot get subsidied inputs like fertiliser. Tarriffs on Rice imports to the US are at 100%.
Your own policies help to make basket case out of these nations.
As to textiles..sure the US will import them but only if the bulk of the materials are US sourced.
Free trade to America is freedom for US to have uninhibited access to other markets while having a base that is protected from comptetion. Some free trade.
Via money Europe could become political in five years" "... the current communities should be completed by a Finance Common Market which would lead us to European economic unity. Only then would ... the mutual commitments make it fairly easy to produce the political union which is the goal"
Jean Omer Marie Gabriel Monnet
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