When we had tariffs on foriegn imports....we had Americans producing and working. And, our taxes were lower
Now that we have shipped our wealth and jobs out of the country....we have few good jobs, high taxes, and the government subsidizing many.
I always ask on these Free Trade threads.... prove to me Free Trade works. I get a lot of theory...but not any facts.
Free Trade does not work.....even Communist China....who has benefitted more from Free Trade...has major economic issues now
The loss of jobs is a bad thing, but trade is only a tiny, and I mean tiny, piece of that puzzle. Unions, taxes, regulations, cronyism, welfare benefits, etc, are all much more important. To blame the loss of jobs on trade policy is just abject economic ignorance. Its government liberalism that is running jobs offshore. To try and correct all of that thru trade policy is just absurd.
Besides, you are siding with people who base much of their case (Pat B, the Pope) on the notion that profits are bad. How in the hell can you call yourself any kind of conservative by siding with that crowd? And no, Pat B is NOT an econ conservative and never has been. Neither has the Catholic Church, which for some reason can’t even keep charity and taxation separate in their minds.
Wonder where gifts to the Catholic Church come from? Business losses? Methinks not.
Maybe you could prove that higher taxes work?