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To: pierrem15

Importers contribute to us by lowering the cost of goods.


42 posted on 11/12/2016 12:22:41 PM PST by JediJones (Social conservatism is the root of all conservatism.)
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To: JediJones
You assume the lowered cost leads to broadly shared growth that is higher than the overall social costs it imposes.

After the past thirty years, that strikes me as a manifestly false assumption.

The lower costs do not compensate for the lost wages and social decay (higher taxes), which further reduce demand for American made goods and concentrate capital either in the US financial sector or abroad. The drop in demand stemming from the pauperization of Americans further drives consolidation of American businesses who then connive with politicians to extort monopoly rents.

"Free trade" is effectively a death spiral for the United States, destroying both our economy and our political life.

48 posted on 11/12/2016 12:58:27 PM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens")
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