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To: hedgetrimmer

You and I probably both know the theory—free trade enriches economies in the aggregate, but at a cost to specific employees who lost their jobs in the adjustment, so the aggregate economy can mitigate those isolated costs by subsidizing retraining, etc..

You’re right that the kind of free trade we’ve been pursuing hasn’t been free at all—and it has been subverting our sovereignty as well.


280 posted on 06/03/2011 4:20:38 PM PDT by 9YearLurker
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To: 9YearLurker
free trade enriches economies in the aggregate, but at a cost to specific employees who lost their jobs in the adjustment, so the aggregate economy can mitigate those isolated costs by subsidizing retraining, etc

Description of communist style planned economy--each according to his ability to each according to his need.
281 posted on 06/03/2011 4:29:57 PM PDT by hedgetrimmer
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