The protectionists are also wrong philosophically. Countries don’t trade with others countries; businesses and consumers transact with other businesses and consumers. Protectionism is corporate welfare by other means
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Goldberg conveniently misses the practice of money manipulation that China, Mexico & Japan engage in via their governments. Devaluation of currency is a direct violation our trade agreements and something routinely ignored by Rs, Ds & neocons like Goldberg alike.
If money manipulation creates wealth, then let’s add or subtract a zero to the u.s. dollar.
That will manipulate the currency directly, and we will win.
Now, you tell me whether we have to add or subtract a zero to manipulate the dollar into massive wealth.