[Myrddin]

High corporate taxes, exorbitant union wages and benefits, and crushing government regulations have made it easier to do business elsewhere. Blaming "free trade" while ignoring the elephant in the room will get you nowhere. The criminal Democrats forced their mortgage banker buddies make loans to people who had no means of repaying the loans. That trashed the mortgage and securities market.

China doesn't have free trade. They are in the toilet too. It seems when people stop buying, the businesses that sell them products tend to fold. Oil prices crashed...no demand.

Your simple minded rant against free trade doesn't wash.

[RKV]

Well said.

[bronxboy]

We could never lower wages enough to compete with the third world hell holes ...out jobs were sent to...same old same of free trade bs. Free trade is the devil.

[hedgetrimmer]

In fact the Chinese constitution stipulates that the Chinese communist party must own 1/2 of all companies who do business there. This list includes nuclear power construction with Westinghouse Corporation— The US Export-Import bank approved $5 billion in loan guarantees for the Westinghouse bid, as part of a “free trade” deal.

It includes Ford, Motorola, IBM all the companies that used to be US blue chip stocks, but are now trashed and begging for the US taxpayer to bail them out. I guess that means “free trade” is just another name for a tax on American citizens.