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Old 02-22-2007, 05:43 PM   #1437
Adder
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The Economist and Paul Samuelson question Free Trade

Quote:
Originally posted by Spanky
The problem with that scenario is that free trade, and free markets, almost always benefit the poor more than restricted markets. The main benefit of free trade is it drives consumer prices down. And no one benefits more from lower consumer prices than the poor.
Your more or less say this later on but it also helps people who work for a living by (1) creating export markets for our goods thus creating jobs, and (2) freeing capital to create jobs elsewhere in the economy.
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