Bull sh*t.
It's done nothing but put America on the road to decline while lining the pockets of a few well connected insiders. Those insiders have become wealthy beyond imagination while leaving middle America nearly dead on the floor.
One of the greatest contributions the US can make to the world is to promote freedom as the key to economic growth. A creative, competitive America is the answer to a changing world, not trade wars that would close doors, create greater barriers, and destroy millions of jobs. We should always remember: Protectionism is destructionism. America’s jobs, America’s growth, America’s future depend on trade—trade that is free, open, and fair.
This year, we have it within our power to take a major step toward a growing global economy and an expanding cycle of prosperity: the historic free trade agreement negotiated between our country and Canada. And I can also tell you that we’re determined to expand this concept, south as well as north. Our goal must be a day when the free flow of trade, from the tip of Tierra del Fuego to the Arctic Circle, unites the people of the Western Hemisphere in a bond of mutually beneficial exchange.
Source: Pres. Reagan’s 1988 State of the Union message to Congress , Jan 25, 1988