The curse of cheap money

[P_Funk]

Originally Posted by SUBMAN1

Perfect! It now has become expensive to export from Canada. This hurts you more than helps you if you know anything about economics. All a sudden, your jobs are about to get exported! Maybe even to America.

Just an economic reality we gotta face. We can't base our country's prosperity on the concept of a powerful American dollar and expect to leech off that economy forever. Times change and if Canada doesn't want to get screwed over by being faithful traditional subserviance to the Yankee buck then we'll figure it out.

This shifts our jobs to more lucrative positions than manufacturing. Yes, loosing manufacturering does hurt the working class with only manufacturing skill, but for those of us with a broader set of abilities, it has actually helped.

HA! I like the way you described how it hurt the working class as if it were just... minor. If its harder for people with few skills to get ahead cause of this isn't this possibly limiting their opportunities to advance? Its not very fair for a working class kid who's family can't afford post-secondary is it. Not to mention the fact that every economy needs low skill workers. You can't go on and on about China and not trading with meanwhile downplaying the damage to your own manufacturing ability at home.

Everyone is always so ready to shrug it off when the working class take a hit cause of something that has absolutely nothing to do with them.

By the way, that is a myth about rich people. If you analyze it, rich people pay more taxes than anyone else.

-S

Where did I talk about taxes? You're not telling me that capitalism believes taxation is the only way for those without control of the means of production to earn a share of the pie are you? Because I thought that capitalists thought that the wealth which the few control would trickle down to the multitude through the active involvement in the economy of the machinery of said wealth's production. If all this wealth is being made over there and nobody over here is even involved in most of the process where does the trickling happen? Notice the explosion of possibilities in China and the dimishing of them here. This is where the socialists start to feel very confident that the capitalists are full of it. Talking about how this helps the middle class by shifting the economy etc... sheesh. Thats like saying "well your house burned down Jim. I suppose that frees you up to find a new one". Nevermind that alot of people don't have the means to find a new one. This is where the blame for being such a lame competitor in the market starts up.

I'm not saying socialism is the answer, but this is where all us crazy lefties get the motivation to think differently.