What are you Dreading the most...

The inevitable disillusionment. Too many people are hailing him as the Messiah. Even if he does a solid job many people will be bitterly disappointed.
 
1) Supreme court appointments.

2) Canadian style health care

3) Mexifornia

4) Ressurection of the Orwellian named Fairness Doctrine. BTW, don't the libs already own NPR?!?

5) Working 60+ hours a week, so I can help feed the kids of some welfare momma rather than my own.

6) Legitimization of rogue regimes and their thugocracies in the name of "diplomacy" (e.g. Chavez, Ahmedinejad (sp?), etc.)

7) Resurgent unions within the auto sector, at the same time putting these firms on the public dole. Does conflict of interest mean anything to anyone, anymore?

8) Seeing more of Bizarro Margaret Thatcher (Madeline Albright). Ugh.

9) Tighter gun control. Chairman Mao would approve.

10) Kyoto style carbon trading Bulls***!
 
Did NAFTA affect you negatively our positively? And how? Considering the drubbing free trade in receiving lately in popular opinion (and in many economics circles), I am extremely curious.
 
I love your avatar CapatilismWorks.



Unfortunately that's the only nice thing I have to say about any of your contributions to this thread so I'll end it there.
 
I fear he will be overrun by a rabid Democratic congress with veto-proof majorities in both houses.



I also fear he will be assassinated, but if that horrible event occurs I fear the reaction in Congress to pass ever more progressive legislation as a tribute to his legacy. The only thing more powerful than a live hero is a dead martyr.
 
[quote author="CapitalismWorks" date=1225870132]Did NAFTA affect you negatively our positively? And how? Considering the drubbing free trade in receiving lately in popular opinion (and in many economics circles), I am extremely curious.</blockquote>


Negatively. I beleive in the beginning NAFTA was signed so it would help our neighboring country like Mexico. But it turned out it actually help the Asian countries. I'm in engineering. Family income was very high before the tech burst( with stock options and such). Now family income is high enough to be taxed by Omaha but we have not gotten back to the previous level.
 
[quote author="CapitalismWorks" date=1225871677]How did NAFTA benefit the asian economies? I have to admit, I am pretty clueless in this area.</blockquote>


For high tech, with the invention of the internet, high tech jobs are being performed by China/India/Vietnam/Phillipine. It's a lot cheaper to hire people to work overthere. Cost of living is cheaper in not so developped countries.

Nafta helps keep inflation down for America but it has not help a lot of us burst the earning celling like we did before.
 
[quote author="WestparkRenter" date=1225871304]Now family income is high enough to be taxed by Omaha but we have not gotten back to the previous level.</blockquote>


Omaha taxes you? Harsh :)
 
[quote author="CapitalismWorks" date=1225872049]Wouldn't those same asian economies had the same advantages without NAFTA? What am I missing?</blockquote>


<a href="http://www.prospect.org/cs/articles?article=we_need_alexander_hamilton">http://www.prospect.org/cs/articles?article=we_need_alexander_hamilton</a>



<a href="http://www.benfrank.net/nuke/modules.php?name=News&file=article&sid=178">http://www.benfrank.net/nuke/modules.php?name=News&file=article&sid=178</a>



<a href="http://www.cnn.com/2004/ALLPOLITICS/02/23/timep.jobs.tm/">http://www.cnn.com/2004/ALLPOLITICS/02/23/timep.jobs.tm/</a>



<a href="http://www.brainmass.com/homework-help/economics/international-business/125023">http://www.brainmass.com/homework-help/economics/international-business/125023</a>



<a href="http://www.vdare.com/roberts/061009_newface.htm">http://www.vdare.com/roberts/061009_newface.htm</a>
 
Thanks for the links. These are exactly the reasons free trade is again under debate. Conceptually, comparitive advantage is unassailable. In practice is doesn't appear to have much merit. The huge gulf between developed and developing market standards of living basically makes domestic employees totally uncompetitive in a great number of fields. However, given that we are competing globally, I can't see a way around it.
 
[quote author="CapitalismWorks" date=1225873949]Thanks for the links. These are exactly the reasons free trade is again under debate. Conceptually, comparitive advantage is unassailable. In practice is doesn't appear to have much merit. The huge gulf between developed and developing market standards of living basically makes domestic employees totally uncompetitive in a great number of fields. However, given that we are competing globally, I can't see a way around it.</blockquote>
If fossil fuels truly are depleting, rising costs to transport goods will negate the edge provided by lower labor costs.
 
[quote author="CapitalismWorks" date=1225873949]Thanks for the links. These are exactly the reasons free trade is again under debate. Conceptually, comparitive advantage is unassailable. In practice is doesn't appear to have much merit. The huge gulf between developed and developing market standards of living basically makes domestic employees totally uncompetitive in a great number of fields. However, given that we are competing globally, I can't see a way around it.</blockquote>


I would be running for President if I knew how to solve it.

How about this?

WESTPARKRENTER FOR PRESIDENT
 
[quote author="CapitalismWorks" date=1225868191]about an Obama presidency?</blockquote>


:zip: Im not dreading anything, I've decided for my own peace of mind to drink the IHB koolaid
 
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