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- Path: sparky!uunet!noc.near.net!hri.com!spool.mu.edu!caen!malgudi.oar.net!hyperion!desire.wright.edu!demon
- From: demon@desire.wright.edu (Stupendous Man)
- Newsgroups: sci.econ
- Subject: Re: Trade War?
- Message-ID: <1992Nov10.093126.5513@desire.wright.edu>
- Date: 10 Nov 92 14:31:26 GMT
- References: <6NOV92.03424517@skyfox.usask.ca> <1992Nov6.164840.1526@bnr.ca> <BxB4ME.9BC@apollo.hp.com> <1992Nov9.201244.10258@nntp.hut.fi>
- Followup-To: talk.politics.misc
- Organization: Demonic Possesions, Inc.
- Lines: 42
-
- In article <1992Nov9.201244.10258@nntp.hut.fi>, v37262d@kaira.hut.fi (Mancko H|glund) writes:
- > The import taxes imposed by the US government are quite unnecessary,
- > but on the other hand this was something one could expect.
-
- Why is it expected?
-
- > I do agree that the last thing the world economy needs right now is
- > a trade war. It is also true that the US is promoting democracy
- > around the world, as long as it serves US interests of course, and this
- > is not doing a whole lot to improve that image. For some obscured
-
- Tell that to France, whose subsidies violate GATT.
-
- > reason Americans tend to think that their form of democracy is better than
- > others'.
-
- Maybe because we've had 42 peaceful transfers of power.
- :)
-
- > US government is obviously just flexing their muscles, telling everyone
- > that if you do not follow me - I will do my best to break you. According
- > to resent information the European Community will not match the taxes,
- > but tries to reach an agreement through negotiations before the tax hikes
- > come into effect in December.
-
- The US did not start this. Please get your facts in order before
- pontificating.
-
- > Even though the US economy is in bad shape, and even though many large
- > American corporations have managed to keep up their profits because
- > their European operations have been successful, etc. one could still
- > expect this. Because this is just the way Americans tend to react when they
- > don't get it their way.
-
- Is it just Finland, or do a perponderance of posters from other
- countries also hate the US?
-
- Brett
- ===============================================================================
- 80s: 18 million new jobs, deficits down (%GNP), tax rates down, tax revenues up
- GNP up, inflation down, unemployment down, interest rates down, cold war won
- -------------------------------------------------------------------------------
-