----- Original Message ----- From: "Dan Minette" <[EMAIL PROTECTED]> To: "Killer Bs Discussion" <[email protected]> Sent: Monday, December 20, 2004 8:56 AM Subject: Re: Trade's Bounty L3
> > ----- Original Message ----- > From: "Erik Reuter" <[EMAIL PROTECTED]> > To: "Killer Bs Discussion" <[email protected]> > Sent: Saturday, December 18, 2004 1:35 PM > Subject: Re: Trade's Bounty > > > > On Thu, Dec 09, 2004 at 09:03:18AM -0600, Dan Minette wrote: > > > > > At the present, due to the growing imbalance, the jobs we might expect > > > from free trade are not materializing, > > > > > > Why do you expect jobs to "materialize" from free-trade? > > Trades of goods that we can make more efficiently for goods another can > make more efficiently should result in income and jobs for them making > stuff for us to use and for us making stuff for them to use. The examples > you gave earlier illustrate that. Jobs are created by the production of > products we sell, as well as jobs lost when we no longer make our own > products. If we buy without selling, we lose the jobs we would have had > making the stuff, while increasing our net debt....which cuts down our > ability to make investments at home. If we trade evenly, we gain jobs > making what we trade without increasing our net debt as a result of trade. > Not really being very conversant in this subject, I find the subject interesting, but fail to see a strong correlation between trade and poverty levels. (even with the info given) Wouldn't there be a stronger correlation between poverty levels and consumer spending or overall wages? I get a bit lost in the discussion here and there, but it seems that the thrust of the discussion is finding the indirect links in the economy that provide wealth for the most people. I can see in a general sense where trade and especially free trade would provide this, but are you suggesting that trade props up the other aspects of the economy that reduce poverty? If so, I would think the only way to show strong correlation's is to graph employment and wages at the same time. xponent Yeah, I'm A Moron Maru rob _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
