[DannyTN]

So just how much economic devastation has to occur in the U.S. economy before you open your eyes to what unrestricted trade causes.

I suppose now you’ll suggest that they should import more to raise the employment numbers. Or maybe you’ll suggest that since total household wealth didn’t fall, that falling wages don’t matter. Wake up!!!

[Big Giant Head]

“When prices rise, that is a sign that the economy is strengthening” - Ben Bernanke

OR, it’s a sign that too much liquidity is being pumped into the economy to prop it up.

Summer of recovery #4! Yea!

[expat_panama]

"...how much economic devastation has to occur in the U.S. economy before you open your eyes..."

 

Weekends are a great time for hyperventilating --enjoy! 

When everyone gets finished running around circles I'd be grateful if someone could tell me where that headline came from.  I mean, the post didn't mention wages, the link didn't, and the BLS numbers have--

-- private hourly wages at an all time high.

[grania]

..just how much economic devestation has to occur in the US economy before you open your eyes to what unrestricted trade costs

First people didn't care because it wasn't them. Then they didn't care because cheap foreign goods compensated for declines in wages.

Now most people are in denial, as they adjust their lives to something far different than the original promise and potential of the US.

[autumnraine]

Yep. It’s that sucking sound.