that's why i'm for more public projects and public / private partnerships. but i'm all for infrastructure and replacing our energy model / significantly upgrading the electrical grid.
And maybe that's why we are not educating people properly. Perhaps the powerful want people to be ignorant so that they can be exploited. Part of me does not want to accept that, but maybe it's the case. I actually heard one very popular talk radio host say one time: "why are we teaching people political science anyway?" The point was that it was making people to "uppity."
You asked for a link, and I will give you one. However, I have a degree in business, and the school I attended specialized in economics. We had excellent economics instruction, and I excelled in economics. What I have stated above is one of the many aspects we were taught about free trade in certain circumstances. However, I can't stand it when people won't provide a link on here, so as I have said I have found a very good article to share. It is by an economist. Hopefully it will help readers to think through the issues for themselves.
Here is one quote that I thought was interesting: "Many economists continue to believe that increased foreign trade is a rising tide that will eventually lift all boats." I sometimes laugh heartily when economists coldly calculate the impact of economics on regular people. Notice the weasel word 'eventually' in that sentence. With that word in the sentence, I actually believe that the sentence is true in probably 100% of cases. But 'eventually' can be a significant amount of time. In bad situations it can be 50 or more years. And things can really suck pretty damn bad, and get worse for a while, for a significant portion of a people. But, it always immediately benefits wealthy people. In such cases, free trade should hardly be called good economic policy, whatever the eventual benefits.
I became a computer programmer, because I knew that the career would likely ride out the tides that I knew were coming to our middle classes. Now those tides have arrived, and I have been doing dandy while others struggle. It is easy for me to take some solace on behalf of those others in the fact that those tides will eventually lift all boats. But I would nevertheless sorely hate to be one of them. And I could be, should conditions change and my strategy ultimately fail.
The American people have been sold a load of bull**** about the way this whole globalization deal was going to work out for them. It was largely sold to them through manipulative storytelling based on oversimplified views of the way economics works.
You can never be safe from a government that can keep you completely safe from each other and the world. You must choose.
Last edited by MildSteel; 04-22-14 at 09:24 PM.
There has always been free trade whether we like it or not. You can make laws but people will break them when it comes to making money. America is about to see a big boom again once we accept our different role(s) in the world economy.
We'll be fine. Free Trade is bad in the short run. For example: If I have the only grocery store in town and someone opens a new grocery store next door, that would be very bad for the grocery store owner but very good for the community.
The temporary losers will always cry foul because they enjoy being in an advantaged position. What the temporary loser doesn't realize is that competition allows the grocery to become even better and better. There is no room for mediocre service or mediocre quality when there is competetion.
Free Trade is great for the United States. We just have to give it time to ride the bumpy waves of transition.