Free Trader Paul Krugman Admits Failure of Globalization for American Workers: ‘Major Mistake’

Breitbart ^ | 13 Oct 2019 | JOHN BINDER

[Buckeye McFrog]

No arguments here.

Rush has been an unabashed Free Trade advocate from the day he hit the airwaves in 1988 until sometime in 2016 when it became undeniable that Donald Trump was going to assume control of the Republican Party.

Back in the day he would belittle other talk hosts like Chuck Harder who were raising alarm bells about globalization. I think Rush put his moistened finger in the wind and determined he’d have to change course or he’d no longer have an audience.

Michael Medved stuck to his anti-Trump positions and his national show disappeared.

[SunkenCiv]

Globalization isn't about economics, never was -- it's about destroying democracy and installing a professional class of unelected and unaccountable managers over everyone.

Thanks Mr. Mojo.

---

The Managerial Revolution: What Is Happening in the World by James Burnham paperback unknown binding

---

[JonPreston]

I enjoyed Chuck Harder and Pat Choate back in the day. They both had the globalization issue down pat.

[jocon307]

“Krugman, though, writes that he and his fellow free trade economists “had no way to know”

Yeah, right. I believe almost anyone could have explained this, including many elected officials of both parties. (That was then, the Dem party did not hate America at that time)

[poconopundit]

Good analysis, BeauBo.

And get it. It’s merely a talking point to win elections... because there will be no PROMISES KEPT when they get elected.

Consistency is in speak is more important than consistency between speech and action.

[Buckeye McFrog]

Mark Levin and Hugh Hewitt also changed their tune pretty fast once they realized that a Trump Presidency was reality.

Distancing yourself from Trump is a career-ender in Conservative talk radio.

[GOPJ]

Meanwhile, decades of free trade have spurred mass layoffs, unemployment, and offshoring of high-paying American jobs while surging trade deficits. Since China entered the World Trade Organization (WTO), the U.S. trade deficit with China has eliminated at least 3.5 million American jobs from the American economy. Millions of American workers in all 50 states have been displaced from their jobs, which have been lost due to U.S.-China trade relations.

You're right: Thank God for Trump.

Without Trump fighting to keep some of our jobs, Hillary would have created a third world hellhole RIGHT HERE IN THE OLD US OF A.... We would have had a small number of 'elites' and large numbers of hopeless, poor, demoralized Americans. Paul Krugman is still an insensitive jerk...

I wish the misery on him and his that he wanted to inflict on us. Eff him...

And the same goes for Biden's son - who would have traded away every worker in the US to get 'favors' from China... and the other ten thousand losers offspring of our 'elites'... a pox on all of those parasites too...

[jdsteel]

Except the former is good and the latter is a falsehood.

Trade between cities and nations is almost as old as mankind. It gave Italians pasta. It gave early Americans vital goods.

Then trade became unfairly taxed and we dumped a bunch of tea into Boston Harbor. Not unlike what Trump has been doing.