Did you read what you posted? Have you ever understood theorizing to illusions?
“Protectionism is simply mercantilism. “
Well, at least you got the first part right.
That mercantilism built the biggest capital stock in the history of man, NOT “free trade”.
The US established the high bar of mercantilism from its’ inception in 1787 until, at least, the 1950s. As the US began to cede this posture in the 60’s, Japan and China picked it up and came to realize that the US model was how nations became rich. Filthy, stinkin’ rich.
Since, we have witnessed the largest transfer of capital stock since the barbarians stormed the gates of Rome.
It’s gone from the US to China, and a lesser extent to Japan.
We have about 45 million citizens out of work.
Please, can't we have more free trade? /s
This premise died a slow death, but it is dead.
Reasoned reciprocal trade is good.
We haven't had it.
Trade creates jobs, in China, India and Taiwan.
No country ever off shored, retailed and imported its way to prosperity.
So he hates Trump and loves Bush and the GOP e ....got it
Show me one modern trade agreement that actually involves free trade....there aint none
Trump is right the agreements made in the last thirty years all favor other countries. And even then we wont enforce them
“Protectionism is simply mercantilism. Trade creates jobs. “
It creates jobs in other countries, not ours. The facts are conclusive.
China has no OSHA. No EPA. No Obamacare taxes on employees.
Free trade means....given a choice.....companies will always go there to make stuff.
Free trade only makes sense if ALL participants play by the same rules.
The author of this piece is an idiot for skipping over this fundamental truth.
Free traders in a mercantilist world are suckers. We call their countries colonies, eventually.
+
Before traitorous free-trade, we made the steel and sold it to China and Japan. Now we import from China and Japan.
Before free-trade, we have the computer programmers, no India does.
Before free-trade, we made plastics. Now we import from China and Mexico.
Before free-trade, we had 70 million of our people working salaried exempt professional jobs. Now that number is 24 million.
I could go on and on, but nowhere can you point to more high salaries and professional jobs after free-trade.
The big destroyer of jobs and salary levels is the massive invasion of low-skill illegal immigrants.
That is more the issue than trade. As far as trade goes, my three concerns are 1) unconstitutional multiparty trade deals that are forming a web of world government, 2) rival/enemies such as China taking advantage in our unbalanced deals, and 3) being nonstrategic in allowing critical industries to leave our country while we import things such as bugged electronics and unsafe food.
Kick out the illegals and deal with those three things and our economy and trade will be fine.
Free trade is also the reason they’re filling our country with Mexicans and Chinese and Africans. They were they were tired of having to move the factories to the workforce now they’re moving the cheap foreign workforce to the factory....here.
Free trade is a slave working on an Indonesian fishing boat for a dollar a day maybe and someone at Whole Foods being offered that fish for sale for $28 a pound
If protectionism is so good then all 50 states should adopt protectionist measures against each other.
A major problem with protectionism is retention obsolete technology since the producer does not have to keep up with the advancements of international competition.
Tariffs were huge political plums enriching some, bankruptcy for others.
What an idiot.
Free Trade does not exist anywhere in the world.
Taxation of trade is effectively no different than taxation of income or taxation of sales. All taxes are penalties. Why some people think that trade from outside a country should be exempt from taxes, when we have always accepted that in the past AND we have income and sales taxes today, is beyond comprehension.
The author is a dolt.
Free trade is great.
But we don’t have free trade with currency manipulators, fascist states which subsidize businesses, and agreements which intrude into our sovereignty and constitutional rights. We have a globalist elitist state with no borders and an oligarchic international plutocracy ruling the planet.
One thing you left out.
Along with the offshoring of manufacturing jobs, we have increasingly been offshoring technical, engineering, I.T., back office, agricultural, financial, and virtually anything else that can be done remotely. Add to that a massive influx of low skilled immigrant and illegal laborers over the last 20 years, along with dealing with heavily subsidized communist regimes and their forced technology transfers and rampant intellectual property theft, and it makes sense why nobody in their right mind would want to do business in the US.
Don’t forget, this has been going on for over 40 years. Many FRee traitors have made a fortune from selling out to third world communist regimes, and many have retired very wealthy from this process.
Free trade is fine.
What the President and most of us here is for free trade to be FAIR trade.
Free trade, as an ideal, only exists when all sides are playing by the same rules. But that literally never happens.