So called “free trade” has done for us what it did for Britain and Spain. Buckle up rocky road ahead.
We would be doing great today if we had ditched "free trade" policies twenty years ago. The sickness is that the consumer was elevated to be king and consumers got catered to with cheap Chinese/Asian imports and oil/energy imports. The flip side is that these jobs, profits and technology leave America. Today the Obama EPA denied Shell the right to drill in Alaska. Shell has sunk billions into this project. The Obama-bots are throttling oil drilling in the Gulf. Both these actions mean fewer American jobs. Less profits for American capitalists. And more money spent abroad to buy foreign oil where they are creating the oil worker jobs