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Response to Sen. Walter Sobchak (Reply #94)

Sat Dec 31, 2011, 07:45 PM

95. US = Low productivity? Just another of the major errors in your argument

 

US productivity is 8 times as high as Chinese productivity. We're the most productive workforce in the world. Where do you get your so-called facts? Seriously, where do you get any of this?

And why do you keep running away from the fact that trade deficits devalue the dollar? You know I'm just going to keep bringing it up every time you reply. And I'm going to back it up with documentation, too, unlike anything you've said: http://www.frbsf.org/education/activities/drecon/1999/9910.html

Free trade is eventually going to lead to imports becoming too expensive. You have no counter argument against this, apparently. And absolutely nothing you've said is backed by any kind of documentation.

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