Political Forums  

Go Back   Defending The Truth Political Forum > Political Forum > Political Talk > Americas


Thanks Tree16Thanks
Reply
 
LinkBack Thread Tools Display Modes
Old November 20th, 2013, 10:13 PM   #31
I'm debt free
 
TNVolunteer73's Avatar
 
Join Date: Nov 2012
Location: Lebanon, TN
Posts: 35,777
Quote:
Originally Posted by pana8 View Post
I believe these era's were focused on tax cuts only but didn't incorporate the supply side thinking into it so much.
Supply-Side Economics: The Concise Encyclopedia of Economics | Library of Economics and Liberty
Actually no..

You see Reagan negotiated a Fair Trade Agreement in the 1980s, his agreement required Japan if they were going to sell their goods in the US they would have to build factories in the US.

This is how we Got Nissan Toyota Toshiba in the TN Valley plus other Japanese manufacturing plants.

Thanks to that TN Valley Builds more Cars than any other region in the world.

I think that is playing to supply Side..
Thanks from pana8
TNVolunteer73 is offline  
Old November 21st, 2013, 03:47 AM   #32
Talent on loan from god
 
Camelot's Avatar
 
Join Date: Jun 2013
Location: Ohio
Posts: 27,338
Ridiculous, Japan built auto plants in this country to avoid tariffs.
Camelot is offline  
Old November 21st, 2013, 04:27 AM   #33
I'm debt free
 
TNVolunteer73's Avatar
 
Join Date: Nov 2012
Location: Lebanon, TN
Posts: 35,777
Quote:
Originally Posted by Camelot View Post
Ridiculous, Japan built auto plants in this country to avoid tariffs.
Yes because that was the FAIR TRADE AGREEMENT..


Reagan negotiated TARRIFF RELEIF if they build plants in the US. and HIRE US WORKERS,,


thanks Camelot.. you just confirmed what I said.


That is why TN VALLEY BECAME GREATEST PRODUCER OF AUTOMOBILES IN THE WORLD...
Thanks from pana8
TNVolunteer73 is offline  
Old November 21st, 2013, 04:31 AM   #34
Banned
 
pana8's Avatar
 
Join Date: Oct 2013
Location: earth
Posts: 3,750
Quote:
Originally Posted by TNVolunteer73 View Post
Yes because that was the FAIR TRADE AGREEMENT..


Reagan negotiated TARRIFF RELEIF if they build plants in the US. and HIRE US WORKERS,,


thanks Camelot.. you just confirmed what I said.


That is why TN VALLEY BECAME GREATEST PRODUCER OF AUTOMOBILES IN THE WORLD...
Cam seems to have a hard time connecting dots.
pana8 is offline  
Old November 21st, 2013, 04:41 AM   #35
Talent on loan from god
 
Camelot's Avatar
 
Join Date: Jun 2013
Location: Ohio
Posts: 27,338
You two only act as if you have a clue.......

Quote:
. VOLUNTARY EXPORT RESTRAINTS ON AUTOMOBILES

By Daniel K. Benjamin

Now we know what a decade of
quotas on Japanese cars cost consumers.

In May 1981, with the American auto industry mired in recession, Japanese car makers agreed to limit exports of passenger cars to the United States. This "voluntary export restraint" (VER) program, initially supported by the Reagan administration, allowed only 1.68 million Japanese cars into the U.S. each year. The cap was raised to 1.85 million cars in 1984, and to 2.30 million in 1985, before the program was terminated in 1994.

Recent research (Berry, Levinsohn, and Pakes 1999) now gives us a clear picture of the all-too-predictable effects of this restriction on free trade: By limiting the supply of cars from Japan, the export restraints raised the prices of Japanese cars. This increased car sales by U.S. firms, thereby hiking their profits. All of this came chiefly at the expense of American auto consumers, particularly those who bought Japanese cars during this period. Overall, Americans as a whole were made worse off due to the introduction of the export restraints.
x
Camelot is offline  
Old November 21st, 2013, 04:48 AM   #36
I'm debt free
 
TNVolunteer73's Avatar
 
Join Date: Nov 2012
Location: Lebanon, TN
Posts: 35,777
Quote:
Originally Posted by Camelot View Post
You two only act as if you have a clue.......

x
YES, THUS FORCING THEM TO BUILD CARS AND TRUCKS IN THE US.. HIRING US WORKERS, AND USING US STEEL AND US TRANSPORATION AND BUILDING PARTS IN THE US.


Just like I said.. FAIR TRADE AGREEMENT.


Camelot.. YOU ARE PROVING EVERYTHING I HAVE BEEN SAYING WITH EACH AND EVERY POST.
TNVolunteer73 is offline  
Old November 21st, 2013, 05:07 AM   #37
Talent on loan from god
 
Camelot's Avatar
 
Join Date: Jun 2013
Location: Ohio
Posts: 27,338
Forcing them = Free Trade ? And here I thought the Right was about free markets.......LOL
Camelot is offline  
Old November 21st, 2013, 05:13 AM   #38
I'm debt free
 
TNVolunteer73's Avatar
 
Join Date: Nov 2012
Location: Lebanon, TN
Posts: 35,777
Quote:
Originally Posted by Camelot View Post
Forcing them = Free Trade ? And here I thought the Right was about free markets.......LOL
DUMB BUTT I DID NOT SAY FREE TRADE AGREEMENT..


I SAID FAIR TRADE AGREEMENT

Yes,.. the FAIR TRADE AGREEMENT FORCED THEM TO BUILD IN THE US.


Quote:
Originally Posted by TNVolunteer73 View Post
Yes because that was the FAIR TRADE AGREEMENT..


Reagan negotiated TARRIFF RELEIF if they build plants in the US. and HIRE US WORKERS,,


thanks Camelot.. you just confirmed what I said.


That is why TN VALLEY BECAME GREATEST PRODUCER OF AUTOMOBILES IN THE WORLD...

Last edited by TNVolunteer73; November 21st, 2013 at 05:16 AM.
TNVolunteer73 is offline  
Old November 21st, 2013, 05:16 AM   #39
Talent on loan from god
 
Camelot's Avatar
 
Join Date: Jun 2013
Location: Ohio
Posts: 27,338
Sure, forcing them is fair....I got it.....
Camelot is offline  
Old November 21st, 2013, 05:21 AM   #40
Banned
 
pana8's Avatar
 
Join Date: Oct 2013
Location: earth
Posts: 3,750
Quote:
Originally Posted by Camelot View Post
You two only act as if you have a clue.......

x
I actually have a lot to learn and that is why I read some of the peoples posts here and disregard others as a waste of time. Knowledge is important to me and I find that diversifying my news sources to outside US media sources was a move I don't regret. You are bound by emotions and have stifled the ability for knowledge to penetrate your thinking. Fear is a powerful tool used against the weak.
pana8 is offline  
Reply

  Defending The Truth Political Forum > Political Forum > Political Talk > Americas

Tags
miscredited, reaganomics



Thread Tools
Display Modes



Facebook Twitter RSS Feed



Copyright © 2005-2013 Defending The Truth. All rights reserved.