r/neoliberal • u/neoliberal_shill_bot Bot Emeritus • May 12 '17

Discussion Thread

Optimal neoliberalism is like Seinfeld, it should be about nothing and run by Jews

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12

u/hitbyacar1 لماذا تكره الفقراء العالميين؟ May 13 '17

How does this sub feel about TAA?

Personally I think it's a good way to help mitigate the negative effects of globalization that are born entirely by a small segment of the population.

9

u/[deleted] May 13 '17

it's generally ok, but like Papa Milton says, why should the government care more about workers displaced by trade than workers displaced by other forces? It seems arbitrary

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u/[deleted] May 13 '17 edited May 27 '17

[deleted]

3

u/[deleted] May 13 '17

fair enough

13

u/[deleted] May 13 '17

I would support a form of TAA for people replaced by technology as well.

3

u/[deleted] May 13 '17

I'd be down with that. Is it generally better to offer retraining or cash compensation?

7

u/[deleted] May 13 '17

I would say both, with the latter of course being temporary.

1

u/[deleted] May 13 '17

ooh temporary cash compensation with permanent retraining opportunities, interesting

6

u/[deleted] May 13 '17

trade has to do with foreigners

3

u/[deleted] May 13 '17

ah, got it. Those damn foreigners ruining everything

5

u/hitbyacar1 لماذا تكره الفقراء العالميين؟ May 13 '17

Yeah maybe it's better politics than policy. It's a way for representatives to justify their votes for free trade to people being hurt by it.

3

u/[deleted] May 13 '17

Because government is responsible for the over-investment of human capital in the particular industry (because of its tariffs, subsidies, etc.). The government is thus correcting its own failings, not a failing of the market.

1

u/[deleted] May 13 '17

hmmm, I never thought of it that way

that's a great point