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I don't know why the 'fair' traders still infest this forum. Walter lays out facts and numbers that refute the anti free trade idiocy. It reveals them as enablers of uncompetitive industry and corrupt labor unions. To find that kind of person on Fr would be shocking it one weren't already inured to it.

It reveals them as enablers of uncompetitive industry and corrupt labor unions.

Why do people insist on bringing up the union boogeyman? What percent of the workforce is union versus 30 years ago?

And what exactly is an uncompetitive industry? Reading xrays? Computer programming? DRAM manufacturing?

Corrupt unions and corrupt power-mongering corporations are the reason for the outsourcing of jobs to third world countries. You can thanks our first socialist president FDR for the first. As for the second, those corporations have the right to acquire their stake. That's what competition(which creates the best products for the cheapest prices) is for. Would you rather have a company sell you a lower grade product (which you will have to replace over and over) so some person who doesn't want to try to succeed by staying at those dead end jobs can have a job for a period of time? Sorry, I would like to save the money I have by only buying something ONCE.