If we had FREE trade, I would be ecstatic. We do not. FREE trade does NOT involve government in any form except to get out of the way. We have more the type of thing that Italy had under Mussolini. Ostensibly private companies dancing to the government's tune. Getting rid of the welfare "net" and getting GOVERNMENT out of the trading business (and no longer protecting certain favored companies and industries) would, indeed, lead to an economic rebirth and a sustained boom. Would that we could achieve that in my lifetime.
Unfortunately FT agreements have more to do with greasing palms than benefiting the market as a whole. The labor market's interests are supposed to be represented by the government. Since FedGov Inc. operates based on a favor system those with the most $$ get their interests represented and the rest are told "it's good for everyone" or "there will be newer and better jobs on the way".