“As with most subject, it is ignorance which spawns fear. Too many do not understand the laws of economics, so they fear them instead. What makes prices go up and down is a mystery to them, so it’s treated like voodoo.”
You insult us all and make us to be a bunch of dummies. We aren’t. The theory of the laws of economics are not what is happening now in practice. We are being screwed daily by these trade agreements, and most of us know it. It’s unfair trade, not free trade, but you seem to miss that point. Maybe it’s you that is the dummy, while acting like an intellectual elitist.
No, not at all. Being ignorant of a particular subject doesn't make someone a "dummie". I'm ignorant on lots of subjects, but I'm certainly not "dumb". Ignorant just means "I haven't learned that yet."
I have to say that before reading Thomas Sowell's Basic Economics, even though I had passed two semesters of Economics in college, I believe I was still pretty ignorant on the subject. I'm deeply grateful for Dr. Sowell's writing which taught me much.
Those who treat free trade with fear and loathing are either ignorant of the laws of economics, or they deliberately disregard them. The saddest situation is those who are ignorant on a particular subject, but too proud to admit it. That keeps them from learning more.
We are being screwed daily by these trade agreements, and most of us know it. Its unfair trade, not free trade, but you seem to miss that point. Maybe its you that is the dummy, while acting like an intellectual elitist.
How are you being "screwed" daily by individuals freely buying and selling with the trade partner of their own choosing? How does my having the option of buying Chinese-made goods "screw" you?