The trade imbalances didn’t arise yesterday.
The average wage is maybe $25 a day in the countries America is expected to compete with. No OSHA, no EPA, no Workers Compensation, no Social Security, no Health Care Insurance, just to name a few. Why is this allowed?
As a consequence, thousands and thousands of American factories have shut down, and with them, millions and millions of jobs. Careers, even. This, we’re told by the experts, is good for America.
I am surprised there has been no workers revolt/strike in the USA. The factories closed, the welfare state explodes and corporations are fat with cash, what a world.