There’s nothing “stupid” about our trade. In REAL economic terms, it is much cheaper to produce products in a third world country. Therefore there’s no reason for us not to do it. We can lower the price of many products and devote our resources to doing more innovative things.
“There’s nothing “stupid” about our trade. In REAL economic terms, it is much cheaper to produce products in a third world country. Therefore there’s no reason for us not to do it. We can lower the price of many products and devote our resources to doing more innovative things.”
If you actually learned economics rather than libertarian bullshit you would know that it is not truly cheaper to produce overseas other than a combination of factors which are artificially put in place that act as barriers to our employers. Taxation, regulation and in many cases tariffs against our exports all work to deprive the US of business opportunity and jobs that sensible trade deals along with regulatory change and taxation change would result in a robust economy...that is exactly what Trump proposes.
We have lost millions of jobs and thousands of businesses to stupid trade agreements where our products are taxed and made to be more expensive via regulation to compete and where our employers cannot compete overseas because the other side of the “free trade” agreement who is not practicing free trade has tariffs and regulations raising the costs for our businesses.