HomeArticlesEconomicsCreating More Real Jobs will Require a More Level Playing Field

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Creating More Real Jobs will Require a More Level Playing Field — 4 Comments

  1. Great ideas but it will be difficult to argue this logic to the vast majority.
    The only problem is what to do about bad products (ex. lead paint on children’s toys from China). I guess the only thing that can be done is to impose trade restrictions on countries that send in harmful products and refuse to compensate the victims. For example, if an offending country sends in a harmful product and $20 million of damage is done, restrict the trade (or add a tariff on that country’s goods) so that the offense will cost them more than compensating the victims. In other words, compensate the victim(s) and then some which would act as a fine and discourage bad behavior in the future.

    • Ever wonder where we would all be today if Bill and Steve had never met, never pylead with computers? What would have happened if Bill had never stolen all of Steve’s great ideas and marketed them better? We’d all be using IBM’s with Unix OS’s is where we’d be lol Regardless we all still only have until The farthest time that can be represented this way is 03:14:07 UTC on Tuesday, 19 January 2038. At that moment time as we know it will end

    • Kurt, you make a good point. Trade involves both buyers and sellers. Lawyers tend to go after US producers because their pockets are deeper. But, if the goal is to eliminate harmful products from being imported, one could penalize the importer to deter future imports, even if there are no deep pockets to reward victims and their lawyers.

  2. Pingback: Investors Betrayed by GM and Obama « Life, Liberty, and the Pursuit of Happiness, Version 4.0

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