So, Americans can stay stagnant? Isn't "free trade" great?
Where have those lower prices been lately re: Food and energy. Economists must think humans can live off of big screen tv's and computers.
You want savings? Just outsource congress to India.
Economists must think humans can live off of big screen tv’s and computers.
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What about $15 toasters and $40 vacuums? The real cost of nearly everything has dropped by more than half in the last 10 years. Where’s the beef?
To be consistent the anti-free trade crowd should be demanding and paying double and triple for their goods and services. They are willing to reap the benefit but not suffer the dislocation of crossing the street to learn to work smarter.
Clearly we need to insure a level playing field with trading partners. Bargaining has always been a vital part of any good trade relationship. Our government has unquestionably failed to stand up for trade that is fair and balanced.
The cry for protectionism, however, is nothing more than dumbing down the electorate by the political class in order to hand out Christmas goodies. Poor babies.
Food prices have been distorted by the government-mandated ethanol scam, thus helping prove the author's point. As far as energy prices: where do you think gasoline prices would be if we didn't allow oil imports?