[InterceptPoint]

Yikes. The Free Republic Trumpster Protectionist Subcommittee is meeting again today. Sad to say. So it is time for yet another Milton Friedman Two Minute Free Trade Video Lesson :

YouTube: Milton Friedman on Free Trade"

Advice to Freepers: Milton Friedman knew more about Trade and Trade Policy than the sum total of Freeper Knowledge on the subject. Ignore his advice at your peril.

[CapitalistCrusader]

Milton Friedman Two Minute Free Trade Video Lesson

Since that video was recorded we have done exactly that? Where has it gotten us?

• 95.000,000 able minded/bodied Americans not even looking for jobs
• $21 TRILLION in debt
• Hundreds of BILLIONS of dollars in trade deficits

What's the definition of insanity?

[MNJohnnie]

Sad to say your understanding of theory is top notch, your understand of current trade policy, unfortunately, is nonexistent. We don’t have Free Trade, we have Managed Trade

[JPJones]

“Yikes. The Free Republic Trumpster Protectionist Subcommittee is meeting again today. Sad to say. So it is time for yet another Milton Friedman Two Minute Free Trade Video Lesson :”

Nice video. Friedman says the dollars we spend on imports ‘will come back to the US’.

How are they coming back?

[PJBankard]

History proves Milton Friedman’s statements incorrect. The USA was once the greatest manufacturing country in the world. American isolationism and protectionism made it as such.

Furthermore, Milton Friedman’s beginning scenario of 3 men in a boat and one shooting holes in it is a globalist view of trade and the economy. A more realistic view is 3 men are in 3 separate boats and two of the men are shooting holes in the one guys boat.