Sunday, October 5, 2008

Good Economic Policy, Good Foreign Policy, Good Trade Policy

Good Economic Policy, Good Foreign Policy, Good Trade Policy is based in drawing distinct lines of behavior that are acceptable versus compromising policy by making exceptions for industries and for certain corporations. Business Ethics compels any good administrator to abide by minimum standards. The USA for 25-35 years used tax abatement and perks to industries. This is probably the history of hiring illegals as well. So we have a number of points that have to be built in to economic, foreign, and trade policies:
-Human nature is that some politicians and corporate executives will seek power for power's sake.
-Human nature will always take a subsidy/bounty and prepare not to compete with the market, but will prepare to get the bounty/subsidy.
-If there is more money out of the country in terms of trade, investment, off shore banking, monetary leakage, competing industries, national resources, national energy needs, ...than flowing into a country then you have a problem that will burn you.
-If you sell off your countries military technology, or buy your main source of energy overseas then you have a National Security Problem.
-If you don't prepare with Alternative Energy Investment or "new" Technology or "New Science" then you put your country at a disadvantage.
-Research and Development is cheap and universities are cheap places to leverage the American Inventiveness compared to the cost of crisis management.
-If labor is cheaper overseas then the US must sponsor new engineering, new industries, or new growth areas of science through cheap competitions and cheap study grants at colleges and universities.
-Level the trade playing field if you have low industry wages overseas. Politics has never been that productive and usually costs the country in reputation politically...i.e. Chile, Nicaragua, El Salvador, Vietnam. Don't tax our industry while giving preferred trading status to China or Asia.
-Realize the cost of immigration in terms of American Infrastructure, health care, education, legal system, lost jobs, loss of knowledge, loss of skill, and ...in terms of US Dollars that flow to Mexico along with other nationalities that send US money out of the country ...Cuba, China, Poland, Russia, ETC.
-Protect the Value of the US Dollar from excessive US Federal Debt and other type of US Debt since all foreign financiers of the USA will look at the US Economy, wages, GNP/GDP, the health of our financial institutions, the health of our oil industry, the health and wealth of our baby boomers in retirement, total US Federal Debt, total US Trade Deficit, total unfunded budget requirements of $53 Trillion with $10 Trillion Federal Debt while just paying interest.
-Pre-emptive Strikes and War are not foreign policies. We have a US State Department that is full of careerist diplomats and embassies that can do without war.
-We can use military strength to kick butt even tomorrow, but we should save the cost to the nation till we are forced to us it...otherwise we risk losing too much American Wealth.

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