Quote:
Originally posted by Not Bob
Is free trade a net benefit for the economy as a whole? I think so. Are there people who disproportionately benefit from it, and are there people who disproportionately suffer from it? I think so. Should we try to pass laws that spread the pains and gains? Again, I think so. As an aside, I would argue that the current Administration cares more about using free trade as a club against unions and environmentalists than it does about free trade.
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You're giving unions way too much credit there. They were flagging before this admin took office. This admin cares about free trade because engaging in it is the only way we can compete and keep our economy going. And it helps Wall St.
I agree with spreading pain and gain. But the instrumentality used for that spreading always seems to target and hurt people like us instead of the disproportionately enriched.