We have factories, plants. They have just fled Democrat and RINO cities, leaving the soon to die elderly in their no-one-will-buy-houses, welfare projects, immigrant shops, huge lawyer class and the local, government caretakers of cops, firemen and such, squeezing the last tax dollar until they retire to Florida or Idaho.
Yes, I know we do still have some manufacturing in the United States. Look, the trade deficit with China has been in the neighborhood of $750 billion dollars yearly. That’s just the trade deficit. Total trade with China is much more than that.
Do you honestly think moving more than $750 billion dollars in manufacturing off our shores had no negative impact?
We’re talking about $750 billion dollars that would have been paid out in salaries, supported household loans, supported vehicle loans, flowed through super markets, clothing hardware auto parts and other stores.
And each step of the way that more than $750 billion would have been spurring more financial transactions.
Think of the tax revenues alone. I know we don’t like taxes as a Conservative, but when it comes to our schools, local police and fire departments, we actually do.
Have wages gone up, or has there been an absolute wage stagnation?
Look, free trade sounds great. I like the idea of reasoned trade, but with anything in life that is good, too much of it can actually be bad.
I don’t pretend to have all the answers, but if I couldn’t support staying in bed with my wife 24/7/365, there has to be a grain of truth in the idea there can actually be a down-side to too much free trade too.