> > Helio W. wrote: > > > >> " If american workers can't stay competitive, why should the > >> government help them? Competition is good for capitalism. " > >> > >> LOL > >> > > > > > > Yeah! Let's be upright Republicans! Full liberalism! Get government out > > of business way! > > You people who want govt.help are just dirty reds, commies all of you > > (and some probably Slims too) !!! > > > > Is it possible to have a fair playing field? >
This won't be popular but it needs to at least be said. You are calling for some type of defensive measure to preserve the relative position of a group of workers threatened by economic change. These arguments are very old. The "just price" is in fact a midieval idea. People have always been hostile to the poorly understood price mechanism. The price system is essential for achieving the rational allocation of capital goods to their most productive uses. Socialism collapsed because it was unable to make the economic calcualtions required to organize a complex economy. Controls, "economic parking meters", such as selective employment taxes, regional employment premiums have been tried. But these prohibitions, restrictions and quotas are usually remedies for ucompetitive depressed areas, not the typical strategies of the leading light of the world economy. And they don't work! You can pump money at a problem but the result will always be an increase in inflation or a devaluing of money. Higer wages lead to lower volumes of employment and a wage push and profit squeeze triggers pesimistic expectations about the return from new investment. New investment dries up and the economy suffers. Better to let the free market rule. Workers will shift and recruitment will fall, younger workers will drift away to other occupations. This is the efficient, market-driven, allocation of resources at work. This is what made the USA the richest country on the face of the Earth. Graham. _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
