“Baloney. That’s just called economic reality. “
No it isn’t it is ideology without economic science backing it up...you are making a mistake by using one side of the computation and not looking at the other.
We have literally lost millions of jobs, mostly good jobs and thousands of companies...you must add that into your computation to get a clear, accurate picture. There has been a huge cost by doing this so called “free trade” which isn’t free it is just us giving away our jobs and employers to other nations. It truly is shortsighted.
I'll give a full picture that ought to put things into perspective for everyone ...
If the U.S. imposed tariffs on imports tomorrow, most of the world would simply laugh at us and walk away. Most major manufacturers are very Asia-oriented because that's where the biggest markets are. There are around 300-310 million people in the U.S. today. I hate to break this to you, but in a world of 7-8 billion people we really just don't matter as much as we used to.
One factory closes and 2 thousands of Americans loose their jobs is a tragedy. 55,000 factories close and 12 million lose their jobs is a statistic.