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To: GarthVader

Free trade isn’t free. It costs folks like you and me.
Free trade costs a buck of fiiiiive.

No really, who actually thinks there was ever free trade anyway? There are always tariffs and taxes.
Throw in with that massive imbalances of labor costs and other market forces, and you can always point to inequities. But on the flip side, in a perfect world, given a long enough time line, differences in markets and standards of living should equalize. Unfortunately, this typically takes generations to occur, and there are always other cheap markets to exploit.


2 posted on 08/13/2020 7:01:58 AM PDT by z3n
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To: z3n

The problem is that the equilibrium standard of living is a weighted average of the countries involved: and we are both the most expensive and least-populated compared to Chy-na.


14 posted on 01/19/2022 10:53:33 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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