I know globalism and expansion of elitist institutions will continue to dominate and ultimately crush our nation. Most of it was driven from the US.
We can’t eat our cake and have it. We set this ball rolling. Coke and Pepsi are sold in every nation on earth. Microsoft Windows is the defacto world standard. Reagan preached free trade.
Agreed, government should ensure that international trade agreements are just. We love to bash China, but the truth is that if the Chinese revalue their currency we will be in big trouble. It is not the fault of China that we have an almost zero savings rate.
It is not China’s fault that Germany (with a third of our population and higher labor costs) is the World’s largest exporter. If Chinese imports did not destroy German manufacturing, then why did they destroy ours?
Are we still competitive? We need to ask ourselves that question.