What is it with the kooklibs on this forum and their crazy strawman characterizations of conservative positions? Ah well, I guess I can entertain you anyways.
As soon as someone claims to support the free market, whether or not the candidate is an economic traitor is an issue in play. Actually, it's an issue for all candidates as far as I'm concerned.
The free market has also resulted in
25% of the households owning 87% of all U.S. wealth. So, we really have to wonder whether such politicians are good for the other 75% of us. Will a guy like this who claims to support the free market just further promote the economic policies that have resulted in the top 25% having 87% of the wealth?
Yes, this would make it easier for some businesses to send job overseas. Keep in mind though, for every job sent overseas, 2-10 new jobs are created due to lower prices and higher demand.
If you have references for that claim, I'd like to see them. Our nation has been running a multi-hundred billion dollar trade deficit for years, so where are all of these "2-10 new jobs created"? If 2-10 new jobs are created for each job sent overseas, where are they? Why is the unemployment rate so high (about 22% using the Shadowstats figure, about 17% using U6), and that doesn't even count underemployment. If what you say is true--2-10 jobs for each one sent overseas--we should be swimming in a sea of available middle class jobs right now.
The claim on its face seems nonsensical--we gain jobs by losing jobs. It's almost the same as saying, "We need lots of unemployment in order to have more employment."
Stifling competition and protectionism does not save net jobs - it only saves the protected industry's jobs at the expense of many times more jobs everywhere else.
That is an unsupported bromide in an international context.
The problem with your assertion is that it assumes that the benefits of competition end up being internalized. However, since we have removed all barriers to trade the market is now worldwide. What you say is probably true if it is internalized, but the problem is that because the market is not internal the jobs created or saved end up being saved in India, China, and Mexico.
Why don't you do the math and explain how if the supply of labor increases dramatically almost over night relative to the demand for labor (manufacturing capacity, capital, customers' ability to purchase products, etc.) why the price point--wages, purchasing power, or the share of a worker's contribution to the act of wealth production that he gets to keep--will not decrease?
(So far no economist, politician, or pundit has been able to provide a convincing answer to that question to explain how global labor arbitrage will benefit Americans and if they did you can bet that we would hear about it everyday because they would be shouting it from the rooftops.)
The amount of legal immigration allowed has nothing to do with free market principles... I don't know where you are getting this argument from.
Immigration restrictions are a form of economic dictatorship in that such laws tell domestic businesses who they can and cannot employ domestically. Under real laissez-faire capitalism anyone who wanted to enter the United States for work and to establish citizenship would be free to do so as long as some private property owner somewhere were willing to let them stay on his private property.
The amount of immigration allowed should be determined by the state of the economy and how well the country is able to absorb new immigrants.
I agree with that. Following that principle, our nation wouldn't allow any immigration at all until we had about 5% real unemployment. However, when you contemplate the long-term economic effects of population explosion, it really doesn't make any sense to have any immigration at all.
There is no part of free market principles that demands unlimited immigration, this is mainly a social issue, not an economic one.
Immigration is very much an economic issue as well as a social issue and a population growth and environmental issue.