[inquest]

The fact remains that the process is causing tremendous displacements in the here and now. The new high-paying jobs you speak of will take time to materialize. In the meantime, foreign governments - in countries where the distinction between the private and public sectors is a bit hazy, if you catch my drift - are going to gain further influence on our economic affairs, which could be very bad news for long-term stability - and ultimately for our sovereignty and freedom.

[Schattie]

What new, wealth-generating jobs can be created when the US is at an obvious absolute disadvantage? Now that all levels of wealth-creating jobs are completely mobile, those nations with the greatest absolute advantage will benefit to the detriment of other nations.

The result? A lowering of the standard of living in Western nations... maybe gradual, maybe rapid. But you will feel it. Have fun. :)

[lasereye]

The fact remains that the process is causing tremendous displacements in the here and now. The new high-paying jobs you speak of will take time to materialize.

I don't think that's at all clear. You have to remember we're coming out of a recession, which resulted to some degree from the excesses of the late 90's and resulting tech bust. These things always seem worse after a period of economic sluggishness. It sounds like you're attributing all job losses to free trade. I think most of it is not.

In the meantime, foreign governments - in countries where the distinction between the private and public sectors is a bit hazy, if you catch my drift - are going to gain further influence on our economic affairs, which could be very bad news for long-term stability - and ultimately for our sovereignty and freedom.

It seems to me the opposite might be happening, in terms of who is influencing who, but I don't have a crystal ball on that.