dagblog - Comments for "Free Trade"

Container ships made delivery

PeraclesPlease — Sat, 23 May 2015 16:51:28 +0000

Container ships made delivery cheaper, high oil prices made delivery more expensive. Productivity is improved by speaking the same kind of English, decent infrastructure, processes, agile programming, teamwork, high morale from good conditions and fun work, being healthy and well-rested, etc. Or you can produce more through fear and intimidation, but that has limited returns.

Flavius — Sat, 23 May 2015 14:49:24 +0000

In reply to Free Trade

To repeat myself. .When the incremental tax rate was 84% the IRS didn't collect that from Charlie Wilson on our behalf. Because he never got it. The GM comp committee would have been voted out of office for using $100K of shareholder funds to "incent" Charlie if his actual incentive was only $16K.

That potential increase in inequality was deferred to a later time. Like now..

Getting goods to market

Flavius — Sat, 23 May 2015 13:53:53 +0000

In reply to Things get made where coss

Getting goods to market became less of an issue with containerships.

" Productivity" improvement doesn't result from Joe Lunchpail working a fraction of a second faster but from engineers improving the process e.g. via robotics so Joe produces more with the same amount of effort.

Or someone in Bangalore does.

Things get made where coss

PeraclesPlease — Sat, 23 May 2015 10:06:20 +0000

In reply to Free Trade

Things get made where costs and productivity and innovation/value-add maximize, along with costs of location/getting to market. Productivity is much greater in the US and many take a pass on lower IT offshoring in India because the transaction costs (risks, complications)of getting a project in on time and satisfactory are too high. As long as Americans only note 1 of 3 or 4 factors, they'll miss any possible solutions for increased competitiveness. BTW, our wars in the Mideast and Cheney's hike in oil price cost us dearly by raising our cost of delivery to markets around the world, thus the transfer price. Blame China or free trade for that one.

This is going to be part of

trkingmomoe — Sat, 23 May 2015 03:50:34 +0000

In reply to Free Trade

This is going to be part of the Democratic party frame work called Fair Taxing. You can't talk about poverty and wage inequality with out pointing out the free ride on the top. They are both part of the same problem. Your point is one that we are going to hear a lot of in this campaign.