Comments on: The consumer credit cancer http://www.pointbite.com/2008/03/09/the-consumer-credit-cancer/ pointbite.com Wed, 08 Feb 2012 05:20:13 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Alton J. Jones http://www.pointbite.com/2008/03/09/the-consumer-credit-cancer/comment-page-1/#comment-1016 Alton J. Jones Wed, 19 Mar 2008 22:21:30 +0000 http://www.pointbite.com/?p=97#comment-1016 My blog, How To Get Good Credit Gab, provides the opportunity to share thoughts, ideas and experiences about obtaining good credit and emphasizes the importance of building and maintaining good credit and the perils of personal financial mismanagement. Please consider adding this video you your site: http://www.youtube.com/watch?v=2fi0okku_X4 My blog, How To Get Good Credit Gab, provides the opportunity to share thoughts, ideas and experiences about obtaining good credit and emphasizes the importance of building and maintaining good credit and the perils of personal financial mismanagement.

Please consider adding this video you your site:

http://www.youtube.com/watch?v=2fi0okku_X4

]]> By: Pete Murphy http://www.pointbite.com/2008/03/09/the-consumer-credit-cancer/comment-page-1/#comment-925 Pete Murphy Thu, 13 Mar 2008 02:58:21 +0000 http://www.pointbite.com/?p=97#comment-925 Excellent post! I am a self-published author of a new book titled "Five Short Blasts: A New Economic Theory Exposes The Fatal Flaw in Globalization and Its Consequences for America." To make a long story short, this theory asserts that a population density which rises beyond some optimum level will begin to drive down per capita consumption. This occurs because the need to conserve space makes it impossible to use and store many products. Falling per capita consumption, in the face of rising productivity, inevitably yields rising unemployment and poverty. This theory has major ramifications for U.S. policies toward population (like immigration policy) and trade. The implication for population policy is obvious. But why trade? It's because these effects of excessive population density can actually be imported by attempting to engage in free trade with nations much more densely populated than our own. The economies of the nations involved combine. Manufacturing work is spread evenly across the combined labor forces. The more densely populated nation gets access to a healthy market while the less densely populated nation (the U.S.), only receives access to a market emaciated by crowding and low per capita consumption. The result is an automatic, irreversible trade deficit for the U.S., establishing a virtual host-parasite relationship. Only a tariff structure indexed to population density offers any hope of reversing such a deficit. A falling dollar may help a little for a while, but doesn't address the underlying root cause of the deficit - the disparity in population density. The more densely populated nation will soon simply cut wages and lower prices in order to maintain (or even grow) their share of the U.S. market. If interested, you can learn more about this new theory and purchase the book at my web site, OpenWindowPublishingCo.com. It's also available at Amazon.com. Pete Murphy Author, Five Short Blasts Excellent post! I am a self-published author of a new book titled “Five Short Blasts: A New Economic Theory Exposes The Fatal Flaw in Globalization and Its Consequences for America.” To make a long story short, this theory asserts that a population density which rises beyond some optimum level will begin to drive down per capita consumption. This occurs because the need to conserve space makes it impossible to use and store many products. Falling per capita consumption, in the face of rising productivity, inevitably yields rising unemployment and poverty.

This theory has major ramifications for U.S. policies toward population (like immigration policy) and trade. The implication for population policy is obvious. But why trade? It’s because these effects of excessive population density can actually be imported by attempting to engage in free trade with nations much more densely populated than our own. The economies of the nations involved combine. Manufacturing work is spread evenly across the combined labor forces. The more densely populated nation gets access to a healthy market while the less densely populated nation (the U.S.), only receives access to a market emaciated by crowding and low per capita consumption. The result is an automatic, irreversible trade deficit for the U.S., establishing a virtual host-parasite relationship.

Only a tariff structure indexed to population density offers any hope of reversing such a deficit. A falling dollar may help a little for a while, but doesn’t address the underlying root cause of the deficit – the disparity in population density. The more densely populated nation will soon simply cut wages and lower prices in order to maintain (or even grow) their share of the U.S. market.

If interested, you can learn more about this new theory and purchase the book at my web site, OpenWindowPublishingCo.com. It’s also available at Amazon.com.

Pete Murphy
Author, Five Short Blasts

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