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To: impimp
Free trade, however, is good for America, and for a very simple reason: It allows American workers to specialize in goods and services that they produce more efficiently than the rest of the world...

In theory, yes. In a college classroom, yes.

But in reality, no!!! American workers can "specialize" in nothing. Because whatever specialty you pick, foreign labor can undercut it. Ten dollars an hour American labor simply cannot compete against one dollar an hour foreign labor, regardless of th category.

The "free trade" meme is toxic. It will absolutely destroy the American middle class. But you will get a cheaper shirt at WalMart. That's a poor trade-off, in my opinion.

16 posted on 03/13/2016 9:48:56 AM PDT by Leaning Right (Why am I holding this lantern? I am looking for the next Reagan.)
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To: Leaning Right
Ten dollars an hour American labor simply cannot compete against one dollar an hour foreign labor, regardless of th category.

And you suggest . . . what?

28 posted on 03/13/2016 10:07:57 AM PDT by cornelis
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