
05-02-2008, 08:53 AM
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Sr. Correspondent
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Join Date: Mar 2008
Posts: 505
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Quote:
Originally Posted by Celestial Child
America is in the midst of a recession because of her generosity. Goods come in from the world tariff free, and that is great, but American goods have tariffs. Again America has a floating currency, but countries like China refuse to allow their currencies to float. The Yuan should have risen at least 60% against the dollar in this last year in all fairness. Obama is right to be against this unfair trade, free trade means we all reduce tariffs and we all have floating currencies, the stakes have been to high against the American economy. Fair is fair, free trade is fair if all follow the same rules of free trade, free trade is fair trade exchange what you work for. In truth Reagan, Bush snr, Clinton, Bush jnr were all right to expand free trade, but should have demanded that their partners also have free trade.
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Of course this is a problem when you dont have equal international fair trade policies someones going to get hurt in the end...
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