Romney Picks Ryan for Veep...Bye-Bye Socialism....

There isn't and never has been. Your understanding of trade is infantile, try reading some Smith, you might learn something along the way about comparative advantage and specialization.

Your arrogance and myopia couldn't be of any less interest to me. Your ignorance about the static and dynamic gains to be had from trade however is interesting because it underscores my accusation in the last post. Kudos for that!

 

Yes, Ryan will help Romney get elected. It shouldn't be necessary with the massive failure of the buffoon obama. And Ryan's Medicare plan is a proposal. It was sent to the Senate after passing the House. The Senate may make any changes they wish. They refuse to discuss it. And the eventual plan will be Romney's plan, not Ryan's plan. At least there IS a plan. All b.o. is doing is cutting Medicare and robbing from Social Security.

 

Hey everyone! Anikdote says that there is no problem with outsourcing - and then smarmily references who I would think is Adam Smith, as though I don't have any understanding of this topic at all!

Irony.

You're ignoring the point of my comments, which is that money is being shielded from the US tax system. You don't seem willing to address why that is.

And if you want us to compare assets as a valid measure of our ability and success, Anikdote, let's do it.

 

Obviously not or you wouldn't be viewing trade through an exports good/imports bad lens. No one needs me to tell them you don't know what you're talking about, you do that just fine on your own.

How so? By selling in other markets? Foreign businesses that operate here certainly aren't held to that constraint.

I couldn't possibly care less about you, your life or how cool you think you are flexing your e-peen on the interwebs. Grow up.

 

I'm a Libertarian and to me, choosing between Obama/Romney is like choosing between slow poison and fast poison. Neither party has America's best interest in mind.

Right now, America's Debt to Service Ratio is 2.9

If a person making $50K per year has $145K in master card debt, he too has a debt to service ratio of 2.9

We're SCREWED.

Neither of these parties is looking to solve the debt bomb, they both will expand it.

The United States government is the biggest income generating machine in the world, and no matter how hard American people work, the greedy pigs in Washington have more ways to spend it and sink us further into debt.

Just as an aside, China has 4.5 times the number of people and about 1/3 the GDP - about a 14-1 ratio. Yet they not only have enough money to run their country, they have enough to run OURS, too.

454 congressmen, 100 senators, 1 president.
those people on average spend $14+ BILLION a year EACH. that's right.

talk about GREED of the greediest!? and it's never enough. NEVER.

Nice to run a "business" that is a monopoly and all you do is take people's hard earned money at the point of a gun. And the Obamanists want to talk about "greedy businessmen"....?

Please.

 

Amazing how globalists hail Smith as to free trade, yet 'mums the word' as to his views on fiat currency and private centralized banks.

Fact of the matter is, Smith advocated free trade as he thought it would be a way to end the corruption between corporate and state. If he knew his support would be used to create a day and age of super corruption and super crony capitalism on a global scale, I have no doubt he would have moved a different direction. The national firms he advocated against were mere puppy dogs compared to the firms of today. Hindsight is 20/20. History is littered with noble men whose ideas have been tainted. He isn't the 1st, and he wont be the last.

 

Waiting

Yes you seem full of non-anawers and this has exactly to do with raising more revenue while controlling the growth of spending.

 

MOD WARNING.

A couple of you are just being nasty. Just stop with the tit for tat stuff. You are not impressing anyone. If you continue with this, you will get an infraction and be banned from this thread.

 

Would you have preferred I mention Ricardo instead? What they pointed out all those years ago still remains true. Real wealth and prosperity are achieved via the division of labor and specialization and those can occur more rapidly as the size and number of participants in the market increases.

No way! Forget the pencil factory? Self interest in conjunction with competition are a recipe for success.

I think we're a tad off topic though, this isn't a thread about trade.