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Originally posted by sebastian_dangerfield
Globalization is a reality no one can escape. It is hitting the white collar worker just as hard as the blue. Your argument's a few years late.
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Sure one can escape it. Well, countries can. Slap up a huge tarriff a la Smoot-Hawley, and presto. Autarky may not be good policy, but it is possible for a state to attempt it. I doubt that the Chinese will be sending gunboats up our rivers to enforce the will of the modern day version of United Fruit.
More importantly, it is not necessary to reject the idea of globalization to appreciate the fact that the good that it brings to our economy is an overall one, not a universal one. Why shouldn't those who disproportionately benefit from the policies that created that benefit pay a portion of their gains to help those who disproportionately suffered from it?
Quote:
Originally posted by sebastian_dangerfield
Pssst... A lot of those people who worked in manufacturing jobs own stock. You've a pretty snotty view of those you claim to want to help. But by all means, give them some sort of benefit with one hand while you increase their capital gains rates on the other.
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I call bullshit. Show me some statistics on the incidence of stock ownership amongst former textile factory workers in South Carolina. Those guys weren't unionized, either, so it ain't like they even owned them indirectly via the pension plan.
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Originally posted by sebastian_dangerfield
Bush isn't helping the rich. He's just not handcuffing them as you'd seem to like.
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You must be joking on this one, Mr. Warbucks. I guess all those tax cuts that your guy gave you were merely Not Handcuffs in your book, rather than bribes to get your vote.
Face it, buddy-boy: you are rich, and the government gives you all sorts of goodies. You will be first against the wall, come the Revolution.
