“BTW, what is your interest in free trade, if you dont mind a bit of full disclosure for readers?
Do you import manufactured goods from China, then turn around and sell them to other Americans for more?...
How is that helping anyone?”
Who do you think is mopping all of those dollars that are being printed?
Quite honestly, if all of those excess dollars ever came back to America, inflation would be devastating, the ChiComs are using those dollars to either buy our Treasury Securities or pay the Saudi’s for their ever growing demand for Oil.
Keep in mind that one of the goals of “Free Trade” is to drive wages down to the lowest possible level, no matter the personal cost to the “great unwashed who don’t understand” in driving the wages downward, they hope ot make us competitive with the ChiComs, if we cannot “compete” then the business moves to China if it can, and the “consumer” reaps the benefit of lower costs of crappy goods.
Unfortunately for the Globalists, for some reason the average American worker doesn’t seem to wish to work for low wages and simply screams to “Nanny” to do something, and that is how Socialism and an ever growing unionized public workforce is emerging.
Ehh. Preachers without a pulpit, even the average Republican is 60% against “Free Trade” as now practiced...
That 60% is going one one direction.
In BOTH parties.
This is one of the silliest arguments about free trade. No one is "driving" anybody to do anything. The purpose of trade, both domestic and foreign, is to intensify the division of labor allowing more goods to be produced and consumed by everyone. Free trade allows consumers to buy from the most efficient producers. There is nothing stopping you from competing except your own prejudice that you are somehow more deserving that the guy who does you job more efficiently than you.