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Originally posted by Skeks in the city
Originally posted by sgtclub
If offshoring of jobs creates a big enough backlash against free trade and immigration, watch how fast the US unilaterally violates treaties and imposes tariffs &c.
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Hooey. Pat Buchanon lost. So did Gephart. Edwards got smoked. This far left enclave that you and Atticus live in is just that, and not representative of where 95% of America is today.
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Originally posted by Skeks in the city Free trade with a country that has a lower standard of living and ample workforce at all educational levels depresses wages and increases purchasing power, so there's an ambiguous effect on workers. Some are better off; others are worse depending on which effect trumps. The rich make their money off capital, so their income is not depressed. They benefit to the extent they increase their profit margins by using cheaper workers and they benefit from increased purchasing power. A lot of big business and much of Wall Street tend to like free trade for this reason.
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Are you related to NotMe? Do you want to have the same argument again and again?
