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Old November 21st, 2013, 05:23 AM   #41
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You my friend speak much but say nothing......LOL
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Old November 21st, 2013, 05:26 AM   #42
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Ronald Reagan: Radio Address to the Nation on Free and Fair Trade

[QUOTEfree and fair trade with free and fair traders. Now, we've seen that governments sometimes don't play by the rules. They keep exports out of subsidy—or subsidize, I should say, industries, giving them an unfair advantage. Well, our patience with unfair trade isn't endless, and we're taking action to bring other nations back in line to ensure that free trade remains fair trade. We're aggressively using existing trade laws to pry open foreign markets and force others to play by the rules. This week, for instance, we signed a breakthrough trade agreement that'll open up Japanese markets to U.S. semiconductors and prevent the Japanese from dumping semiconductors in our markets. And last month, after intensive negotiations in response to a deadline I set, the European Community agreed to keep its market open to U.S. farm exports.

These agreements are examples of positive, result-oriented trade action. Instead of closing markets at home, we've opened markets to U.S. products abroad, thus helping to create more American jobs. Instead of erecting destructionist import barriers, we're tearing down foreign barriers to make trade freer and fairer for all. Because, believe me, when Americans are competing on a level playing field, they can outproduce and outsell anyone, anywhere in the world. We've been tough with those nations who've been unfair in their trading practices, and that toughness has produced results. And with hard-pressed industries like textiles and apparel that have gone through difficult times, we've taken strong action to help. We renegotiated agreements with Taiwan and Hong Kong over a year early to expand product coverage and tighten controls of imports from those countries. We are pursuing negotiations with Korea to tighten restraints on their exports to us and improve opportunities for our producers in their market. And just this week we completed a tough, new multifiber arrangement with our trading partners that will include products not previously covered and which gives us tools to prevent damaging import surges. This is result-oriented action.

What doesn't bring results is the sort of destructionist legislation now before the House of Representatives. Next week the House will vote on whether to override my veto of a textile trade bill, and I'm hopeful this won't happen. My Council of Economic Advisers estimates this bill would cost you, the consumer, $44 billion over the next 5 years: $70,000 for every job saved, jobs that pay about $13,000 on average. Even worse, these temporarily protected jobs would be more than offset by the loss of thousands of other jobs—jobs in retail, marketing, and finance and jobs directly related to importing, such as dockworkers and transportation workers. And then there are all those who would be thrown out of work as we began to feel the effects of foreign retaliation, and you can bet there would be retaliation. I'm thinking, especially, of our struggling agricultural sector and its many connected industries. At a time when we're trying to increase agricultural exports, let's remember that some of the first victims of retaliation would be our farmers—kicking them when they're already down.

So, our trade policy remains a positive one that will not play off one region against another or one American worker against another, doing grievous damage to the industries involved. In trying to help workers in ailing industries, we must be careful that the cure is not worse than the disease, like the infamous Smoot-Hawley tariffs that deepened and prolonged the Great Depression. The best way to help is with the progrowth policies of free and fair trade that have created more than 10 million new jobs in the last 3 1/2 years. In the last 7 months 1,650,000 people have found jobs in the United States. There's more than Europe and Japan combined in the last 10 years. And by the way, recently released figures show the leading economic indicators are up and unemployment has dropped to 6.8 percent. You know, the Europeans talk about the American miracle of economic growth and job creation. Well, I'm going to do everything I can to keep that miracle of hope alive, creating jobs and opportunities for all Americans.
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Old November 21st, 2013, 05:47 AM   #43
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You do realize he used the words "free and fair trade" don't you ?
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Old November 21st, 2013, 12:25 PM   #44
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Quote:
Originally Posted by Camelot View Post
You do realize he used the words "free and fair trade" don't you ?
Yes.. Obama has a Free Trade act.. China trades for free...


Once again you are proving what I said is true each and every post.

Difference is Obama is giving China Subsidies to trade with us.


(Reaganomics China Would have to build the goods it sells in the US using US Workers)

That is why Reagan created 20,000,000 net jobs and had the highest employee participation rate in history , and Obama has lost 11,000,000 net jobs and has the lowest employee participation rate, in history even tide with that of the Great Depression..



This is how Obama thinks,

He gives Solyndra 500,000 dollars subsidy to build Solar Panels, then turns around and BUYS solar Panels from the Chinese, and not solyndra... Would it not have been wise to just have purchased the solar panels used in government buildings from SOLYNDRA in the first place... Then after receiving 500,000 dollars in free money... SOLYNDRA GOES BANKRUPT because they don't have a market for their products.


so keep proving my point Camelot you are making almost as good of an argument for the FAIR Trade of Reaganomics as I

Nuff said.
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Old November 21st, 2013, 12:37 PM   #45
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Quote:
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"the current $16.7 trillion federal debt is about $11 trillion more than it was when George W. Bush took office"

You have to be joking right?
Take a serious look at these!
http://www.skymachines.com/US-Nation...ental-Term.htm

The Budget and Deficit Under Clinton

Realize where it went wrong or "right"!

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Old November 21st, 2013, 03:02 PM   #46
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Quote:
Originally Posted by intangible child View Post
Take a serious look at these!
http://www.skymachines.com/US-Nation...ental-Term.htm

The Budget and Deficit Under Clinton

Realize where it went wrong or "right"!

Funny Why did you not post 2006,7,8,9,10,11.....

Remember

Each Dash is 100 Billion dollars

this is the deficit during the Bush Term
---


This is the Deficits during Obama Term


----------------
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Old November 21st, 2013, 03:04 PM   #47
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Once again IC shows that Liberals are kind of stupid.

The Deficit King according to your logic.. is BARAK H. OBAMA.
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