[Tokhtamish]

Every job saved also means a family saved.

Has it ever dawned on you that the destruction of low to semi skilled stable industrial jobs means and has meant a permanent and growing underclass ? That the advent of globalism in the early 70's destroyed precisely those jobs that would have enabled Blacks to work their way out of the ghetto the way the Irish and Italians did ?

[Recourse]

Technology constantly changes the nature of employment. There is nothing that will change the immutable law. And protectionism and tariffs only make our economy suffer.

Suppose the United States placed a tariff on imported textiles that were less expensive than domestic textiles. There would be four basic costs to the economy:

1. Textile buyers will have to pay more for their protected U.S.-made textiles than they would have for the imported textiles.

2. Jobs will be lost at retail and shipping companies that import foreign-made textiles.

3. Jobs will be lost in any domestic industries that suffer from retaliatory tariffs. The point most anti-free traders seem to forget is we don't operate in a vacuum. We hurt them, they hurt us.

4. The extra cost of the textiles gets passed on to the consumers. That means you and I pay more for products when we don't have to. That's money out of our pockets.