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To: mlo
Seriously, if the Chinese make goods cheaper for Americans, that makes the American buyers of those goods richer.

I am sure the 90 million unemployed Americans feel richer through your incite.

80 posted on 03/07/2016 11:23:12 AM PST by usurper (Liberals GET OFF MY LAWN)
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To: usurper
"I am sure the 90 million unemployed Americans feel richer through your incite."

That would be "insight".

Non sequitur. The 90 million unemployed Americans aren't due to trade with China. They can blame Obamacare and the multitude of other government policies that damage economic activity. Protectionism would only add to the number.

When people have to spend less to get the same goods, they spend more on other things. That generates growth and employment in other areas. But that is diffuse and uncountable, and is always ignored by protectionists.

88 posted on 03/07/2016 12:17:22 PM PST by mlo
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