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To: T Ruth

While I agree that the NYT is a lying propaganda rag, their depiction of the impact of “free trade” on workers in Europe and America workers is accurate. Our leaders have made a lot of money holding a fire sale on our prosperity letting foreign state-owned and/or subsidized companies capture industries that we invented from scratch. What we need is tariffs to protect our industries and workers, not welfare. If you make nothing pretty soon you can buy nothing and are destitute. How can a country be a superpower if it cannot make its own ships, trains, planes, missiles, and computers? If its people cannot design and program them?

The answer is that America cannot be a superpower and be just a service sector economy. N


9 posted on 09/28/2016 9:00:22 PM PDT by WMarshal (Trump 2016)
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To: WMarshal
The flip side of this is that "free trade" enables a country like the U.S. to do something internationally that it could never get away with here at home: namely -- employ millions of workers earning slave wages, working in dangerous, environmentally destructive facilities.

That's really part of the story here. The trading partner with the highest standard of living is never going to be very competitive in a global market.

10 posted on 09/28/2016 9:05:09 PM PDT by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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