The lesson of less restricted trade is economic growth for everyone. With less trade restrictions, much of the world including the US has seen strong economic growth over the last 25 years, partly due to less restricted trade. Parts of old Europe have seen stagnation because of excessive regulation, taxation, and entitlement mentality.
Less restricted trade creates disruptions. I understand that disruptions are extremely painful. The answer is not economic nationalism. The answer involves less onerous taxation, regulation, and litigation. I support retraining unemployment and other ways to cushion the blow. Economic nationalism may look good in the short run but in the long run it will be very harmful.
Economics and making an extra 50c are not the only dynamic here. - Far from it.
Ever wonder if that emperor watching Attila approaching the gates ever really believed that Rome itself would fall forever?
IOW, I disagree with your post, but thank you for it. - bill
And how affairs had reached that point?
I’m not entirely deaf to your arguement. I just don’t see any benefit of surrending a whole industry to foreign nationals on U.S. soil.
Make the case that some manufacturing jobs moved to Mexico might help them down there and help us too, I might buy some of it. I just don’t buy this.
I’m going to do you a favor. I’m a tough nut to crack on this issue. I’ve gone round and round with people for days on the subject. You may be right and five times more intelligent, I just don’t buy into the current accepted practice. You’ll be beating your head against the wall as will I.
I do appreciate your comments. I’m not saying that in all instances I disagree. I will say that as a general rule I do.
Your inclusion of the retraining was reasoned IMO.
Thanks for the comments. Take care.
D1
errr, yes, if wading hip deep in illegal immigrants is your idea of growth.
I drove an OTR flatbed for several months, my favorite destination was Mexicali. Here you made sure you pulled every light bulb and reflector from the trailer you were dropping off, left your truck running and got the hell out before the mexicans stripped the chrome and mirrors off. I'm amazed at the number of people on this thread that don't understand that 80,000lbs of un-inspected 3rd world truck coming down the highway at 70 mph is....errrrr.....a bad idea. Your trust in the us government is misplaced......