I'm totally confused. The neo-cons told us GATT and WTO would create an economic utopia, not a world where trade-wars are the norm. How did this happen? Prices of goods were supposed to decrease, not increase. I remember all the great things that were going to happen. What the heck happened?
The neo-cons told us GATT and WTO would create an economic utopia, not a world where trade-wars are the norm.
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Remember that little nutty guy from Texas, Ross WhatsHisName....who WARNED US OF THE "GIANT SUCKING SOUND"...well if he had been elected President, we would not be having the trade wars now....and for the first time, this country would have been RUN LIKE A BUSINESS, certainly moreso than it is now. Presently, all we are is the money-source and dumping ground for the world...and the trade deficit proves it.