To: Recourse
ANYONE who is against capital investment in the US should be shot!
In just about every speach Reagan gave he spoke of creating jobs through trickle-down economics. His goal was job creation, if free-trade doesn't lead to job creation then he would have been against it. Just because it sounded like a good idea at the time doesn't mean it's a good idea now.
The question that must be asked is; Does free-trade lead to capital investment in the domestic economy? Without that investment by either US or foreign companies new businesses are not created. No new business, no new economic expansion. It's very simple, if the big multinational corporations do not spend some of the wealth acquired overseas domestically only they will benefit from the earnings.
Share prices may increase but without a strong consumer/investor base that won't matter.
To: RockyMtnMan
I take that back people like Texas_Dawg who trade equities will benefit, but then we all can't all be Dawg's or nothing will be produced.
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