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Old 02-20-07 | 07:59 AM
  #54  
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merlinextraligh
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Originally Posted by teterider
Contrary to many posts and many posters in this forum, wanting to buy American is a good thing. We all buy lots and lots of foreign stuff everyday without hesitation, so there is nothing wrong with wanting to keep a US factory worker employed. As you will see now from this comment, there are so many people who simply have no clue why someone would want to this and enjoy flaming anyone who actually wants to buy american. I kid you not when I say in another forum on this topic someone posted that it wouldn't matter if all manufacturing left the US, oh and they threw in that the US flag was meaningless.

Read Capitalism and Freedom by Milton Friedman, then you'll see why the first statement is misguided, although well intended, and why it doesn't matter if all manufacturing left the US (and by the way it won't). http://www.amazon.com/Capitalism-Fre...e=UTF8&s=books

There are a couple of simple principles, most notably compartive advantage, and specialization that allow free trade to raise everybody's standard of living. It's not a zero sum game.

No way I can convince you of this in a forum post. But if you read the book (by a Nobel Laureate in Economics) you might get a new perspective.
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