Lagi lagi ujungnya ke RRT, lha yg mengawali free trade Amerika, mengapa 
sebelum menjalankan free trade tidak dibuat stimulasi dahulu ?.
Bila mobil Amerika menjadi kalah dikandang sendiri, sudah jelas karena harga 
mahal barang jelek, alias harga tidak sesuai dengan barang (  aku jadi inget 
spg hehehehe ).
RRT dengan rakyat yg sejublek, sebenarnya merupakan market yg besarnya 
aduhai, dan Amerika malah menjual perusahaannya ke negara lain, bila dalam 1 
tahun di RRT bisa menjual 18 juta kendaraan, silahkan hitung berapa picis 
total nilainya, itu baru kendaraan dalam hitungan picis, bagaimana dengan yg 
hitungannya gobang ?.

Indonesia dengan adanya free trade ini sebenarnya diuntungkan banyak banget, 
minimal kebagian getah utk menjadi tempat produksi yg memakai banyak tenaga 
kerja banyak dan tidak membutuhkan ketrampilan tinggi, semisal pabrikan 
sepatu, kain, kayu olahan, sedang diluar itu masih memiliki hasil sumberdaya 
alam yg cukup aduhai bila dikelola sesuai dengan kemauan mentri ekonomi, 
dimana produksi hulu tidak boleh langsung di export melainkan dijadikan 
bahan jadi dan setengah jadi ( seingatku mebeler merk Olympic sudah lama 
bergerak dalam bidang hulu sd hilir ), belum lagi pabrikan sepatu yg 
sebelumnya lari ke Vietnam, RRT sekarang mulai melirik lagi Indonesia, 
biarpun menjadi tukang jahit minimal mengurangi pengangguran, karena labor 
cost di RRT dan Vietnam sudah kadung tinggi utk beberapa jenis produk.

Lha Amerika ?, apa yg bisa dibanggakan lagi, selain farmasi ( dan itupun 
harganya mahal karena pembeli umumnya perusahaan asuransi ) dan riset plus 
product hi tech yg nota bene sudah sejajar dengan negara Jerman ( membuat 
robot utk industri ). dan tidak memakai banyak tenaga kerja banyak.

Sepertinya melihat perkembangan krisis di Amerika menjadi menarik bagi para 
ekonom, minimal mendapatkan kasus yg benar benar eksis, sehingga bisa 
membuat banyak stimulasi didepan komputer ( asal tidak jadi meletus gara 
gara stimulasi perumahan yg terlalu wah beberapa waktu lalu ).

Europa sebagai negara dengan market yg juga besar memiliki perbedaan 
mendasar dengan masyarakat diluar Europa, dimana masyarakatnya sudah masuk 
ke daerah konservatif alias tidak suka dengan istilah konsumerisme, dengan 
kondisi seperti ini daya beli menjadi lebih teliti, tidak asal beli.

Indonesia ?...........wah wah wah wah wah mbuhhh ora ngerti...
Palingan Uda HB manyun mendengar Kodak di Amerika akan ambruk, karena sudah 
keok dibanyak negara.

sur.
ps.
Perhatikan komentar Bruce Bishop yg ujung ujungnya jadi komunis, lha komunis 
koq bisa bermewah mewah, jangan jangan banyak masyarakat Amerika tidak tahu 
dengan jelas apa itu perbedaan komunis dan sosialis plus kapitalis, apalagi 
imperialis, bisa bisa dia tahunya teralis.
++++++

by Thomas Heffner on October 3, 2011 - 11:47am
Theoretically, free trade sounds like a great idea. Consumers get the 
benefit of increased competition for their buying dollars, manufacturers get 
to locate or source from the lowest cost labor pool and exporters have the 
opportunity to sell into new markets with no tariffs. Unfortunately, there 
are fundamental real-world flaws that exist with free trade that have led to 
the most massive wealth transfer in the history of the world. The United 
States has not witnessed a trade surplus since 1975, and since then $4 
Trillion has been lost through trade deficits caused by elimination of 
tariffs.

The most significant flaw with free trade agreements is that they are 
impossible to enforce, making competition impossible. Free trade depends on 
the premise that all countries will play by the same rules. However, in the 
real world assuring that this occurs is incredibly expensive, time 
consuming, and inefficient to contest. The reality is, tariffs are not the 
only barrier to fair trade. Trade is impacted by much more intangible 
state-sponsored “trade weapons” such as currency manipulation, technology 
transfer requirements, joint-venture policies, selective customs policies, 
underhanded government subsidies and countless other tools. Under free trade 
agreements, the U.S. essentially relies on faith-based economic policy with 
other countries.

Without the presence of tariffs, a free trade agreement places the country 
with lower overall wage rates in a superior position. When two countries 
with huge differences in labor costs engage in “free trade” eventually all 
the production that benefits the country with higher wage rates will be 
transferred to the country with lower wage rates. The transfer is supposed 
to be offset with lower prices being enjoyed by the outsourcing country, but 
in the long run it leads to the destruction of the manufacturing 
capabilities of the more developed country and a wider spread in income 
among its citizens. This is exactly what has happened to the United States.

A logical question is why the lack of attention to this issue. There has 
actually been a great deal of attention paid to this issue despite 
persistent free-trade mantras. In the 1980s there was tremendous concern 
among Reagan administration officials that the U.S. was losing its 
competitive position in the world. Reagan enacted numerous protectionist 
policies in an effort to stem the hemorrhaging trade deficit. Media 
attention was centered on a doomsday scenario whereby Japanese and Arab 
interests would come to own and control everything in this country. Now, a 
frightening amount of formerly owned U.S. companies are in the hands of 
foreign companies and interests.

The dangers and horrible consequences of free trade agreements have not gone 
unnoticed. A plethora of notable politicians, economists, journalists, and 
industrialists have stepped up and spoken against this 30-year period of 
tail-spinning. Names such as Warren Buffet, George Soros, Pat Buchanan, Sen. 
Hollings, Sen. Lieberman, Ross Perot, Pat Choate, Eamonn Fingleton, Paul 
Craig Roberts, and Lou Dobbs have all voiced their concerns.

John Kerry had announced that if elected he promised an immediate review of 
all trade agreements affecting America. George W. Bush even conceded for a 
time that U.S. steel tariffs were necessary to protect that critical 
industry (before eventually bowing to free-trade lobbyist pressure). Now we 
see that through a lack of innovation and adaptation, the U.S. steel 
industry is all but irrelevant in the global market.

The department of defense has recently commissioned a U.S.-China review 
board to identify our dangerous dependence on the communist trading partner. 
The findings of this board are truly shocking and fly in the face of every 
proponent of free trade.

So given all this insurmountable evidence to the contrary, why is it that 
free-traders continue to sell out the country at the expense of national 
security and our future generations? The answer is that every person, 
corporation, and politician tends to do what is in its own short-term best 
interest, be they motivated by pure profit or reelection.

At an individual level, our economy is driven by consumption (70 percent of 
GDP is consumer spending). Since most of this consumption is on foreign 
goods, to restrict that flow would have a devastating effect on many 
industries. Industries that would suffer include retailing, as most textiles 
are produced over seas, as well as electronics equipment and components; 
freight and shipping industries would suffer as trillions of dollars flow 
over transportation routes each year; and finally, marketing, advertising, 
law, and banking, are all tied directly to American consumption of foreign 
goods.

On the other side of free trade, encouraging foreign manufacturers to 
produce in the U.S. creates a big defeat for us. For example, Ohio and 
Indiana competed to get a new Honda auto factory. Indiana succeeded. They 
gave Honda an $81 million enticement gift and other intangibles. Honda said 
they would put up a $500 million facility to produce 200,000 cars per year. 
They did put up a facility, cost unknown. And 23,000 Americans applied for 
2,000 jobs. Two thousand Americans are now turning out 200,000 Honda cars 
per year in Indiana which translates to one American supplying the labor to 
turn out 100 cars per year. One American can earn on average about $50,000 
per year to turn out $2,000,000 worth of cars (Average car sale $20,000 x 
100 cars = $2,000,000). This may be a simplification, but the American labor 
cost is approximately 3 percent. Almost nothing is made in that factory.

The sell-off of American companies is greatly rewarded by those doing the 
selling. Given record low capital gains taxes and other incentives, CEO’s 
and shareholders of major companies stand to gain more from the one-time 
bonus of selling their company at a massive premium to a foreign purchaser 
than from continuing to run them on salary basis.

Countries like Japan, Germany and China take great pride in protecting their 
industries from foreign purchasers. They have government agencies devoted 
entirely to doing just that. In the U.S., we seemingly do everything to 
encourage foreign takeovers. Of course, no politician likes being the bearer 
of bad news. Most politicians are not willing to risk their political 
careers by saying we must take drastic action to the short-term detriment of 
many Americans, even though that is precisely what they are charged with 
doing.

Free trade is a convenient, well-packaged ideology that resonates well with 
consumers, and lines the pockets and ambitions of CEO’s and politicians. The 
result is that nearly 50 percent of all new cars now sold in this country 
are foreign. Our domestic auto manufacturers are consistently losing market 
share and teetering perpetually on default.

There exists in America, now, a stigma that buying American is cheap, 
undesirable, of poor quality, and in poor taste. Clearly, the group 
unquestionably damaged by free trade is American industry in general. As a 
result the American middle-class that relies on American industry for 
employment and opportunity is being destroyed and falling further and 
further into debt.

No rational argument exists to continue policy that leads to free trade 
agreements. FTA's are damaging America’s ability as a country to compete, 
even as the results of free trade continue to provide cheap goods to 
American consumers. If we do not reverse this path of selling our assets and 
borrowing from foreign sources to finance our lifestyle of imports, we will 
eventually receive a call on our debt and will find our cheap goods cost 
much more than we had ever imagined.

+

Submitted by BalancedTrader1 on August 16, 2011 - 7:32pm.  #
Hi, folks: I see names I recall from other Heffner postings
and comments. And in your article you show Warren Buffett as one of the 
influential people who have expressed concern
about the direction of our economy. In 2003, in a long Fortune Magazine 
article, he said "Our trsde deficits are selling America out from under us!" 
Buffett always good answers to problems he raises. This time he said "We've
got to stop those deficits now, and here's how to do it!"
He went on to explain a policy of balanced trade and a system of required 
Import Certificates to enforce it. No
negotiations - when a years certificates are gone, no more imports can come 
in. Unfortunately, our leaders in business
and government ignored the proposal, and we went on to waste
$6 trillion in trade deficits in the latest ten years. Balanced trade is 
what Economy In Crisis should be urging
now, not tariffs. Our goal will be to reduce the import flow,not add extra 
trade-inhibiting costs.The time is now!

  a.. reply

Submitted by BIGuru on September 30, 2010 - 6:10pm.  #
Blaming Obama administration for the Bushes and Republican policies is 
really bad...and when the new Republicans come in Tea Party or no Tea Party, 
rest of the wealth and jobs will be going out with a giant sucking sound.



Submitted by Bruce Bishop (not verified) on July 29, 2010 - 10:14pm.  #
Re: "No rational argument exists to continue policy that leads to free 
trade."

WRONG! You guys are going to have to start thinking outside the box.

Reason 1. While people are arguing over new free trade agreements with minor 
entities, the Communist Chinese are draining our wealth, stealing our 
intellectual property, destroying our manufacturing base, and taking away 
our ability to produce critical defense materials and hardware.

This fits perfectly well with the Progressives' plan to redistribute wealth 
globally.

Reason 2. Outsourcing is destroying the American middle class. This fits 
nicely with the Obama administration's plan to maximize government control 
of our economy and our lives by making more and more people dependent on the 
government.

As I have stated many times on this web site, committing economic suicide is 
not free trade. Shipping our wealth to Communist China in exchange for goods 
we could produce here is not free trade. Allowing a criminal enterprise like 
Communist China to drain away our future is not free trade.

What I haven't yet figured out is: What is your angle? I sense a significant 
leftward tilt, but that's okay if you are really looking for the truth. I 
also wonder if you are part of the smoke-screen. That seems unlikely since 
you can't have more than a few hundred readers. I realize that could change 
overnight if the Daily Kos or MoveOn started linking you.

We'll see.

Bruce Bishop

  a.. reply

Submitted by Anonymous (not verified) on July 31, 2010 - 9:51am.  #
Economy in Crisis is the closest to totally independent, nationalistic, 
middle of the spectrum orgazniations that you can find. You certainly won't 
find their kind on AM radio!

  a.. reply

Submitted by BIGuru on July 31, 2010 - 10:20am.  #
It is easy (less thinking) to attach oneself to either extreme than be 
independent! That is the problem in this country. And we are paying for it 
to be the third banana in 10 to 15 years.

China has been at the top of the GDP list till 1870 after which USA took 
over. They were not communists for 18 centuries!



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