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Free Trade: Fight It, or Embrace It

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Old 02-24-2008, 02:49 PM   #7
Schneed10
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Re: Free Trade: Fight It, or Embrace It

Quote:
Originally Posted by dmek25 View Post
i agree. but for the united states to be involved, there has to be something that they could gain from it. right now, we are gaining lower prices for just about all goods. is that worth the price of losing production jobs? that will never come back? in my eyes, the risk/ reward doesn't merit the U.S. to be part of the agreement
Keeping those jobs here would result in much, much higher inflation. You'd be singing a different tune when the cost of everything goes up 8-10% every year, while your wages go up no more than 3% per year.

Fighting free trade is the easiest way to drive your economy into the ground. Those in American manufacturing jobs simply must adjust. While that field is contracting, other fields are growing very strongly (ie healthcare). It's not easy for those people to just switch careers, but it's better than driving up prices for all 300 million of us who live here.
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