The flaw is that other countries were not to the place they could make all the changes desired.
The thought is going to be realized by President Trump. It has been 20 years since Pat made those pronouncements. They were pie in the sky at the time, 1930’s thinking. Pat was and I think still is , a 1930’s Republican. Since then there has been tremendous change and advancement in the world. The magnitude and effect of that change is either unknown or ignored by many. That’s why I recommended the Korean Netflix TV series Incomplete Life.
President Trump is not like Pat Buchanan, unrealistically naive, he knows the score. He knows the change will permit some of the gross protectionism to be relaxed and eliminated. His task is to carefully select and then make deals that are realistically possible.
So we should allow an unfair competition with our own people because the other people can't meet the standards we set for our own? What is the point of having a nation with borders again?
Thats why I recommended the Korean Netflix TV series Incomplete Life.
I would be interested in watching it, but I don't have a Netflix account, and my internet service doesn't have the necessary bandwidth to provide a decent play stream anyway.
He knows the change will permit some of the gross protectionism to be relaxed and eliminated.
I am not a big supporter of protectionism, but the book "The Rhinemann exchange" had a big impact on the way I view deals with nations that do not necessarily have our best interests at heart.
It may be fiction, but it builds a good case for the moral dilemma of trading with people who have a very different idea bout "rights" and "morality" than do you. Not everything devolves down to economics or immediate benefit.