Alot has been made lately of the possibly “protectionist” agenda of the Obama administration.
Supposedly if we do not allow completely free trade with countries like China then it will be bad for the USA.
But how exactly? The only people I see losing out are the ones making millions in CEO positions because they choose to ship manufacturing off to where there are no worker rights and where wages are paid in cents not dollars.
I hardly see the current trade situation as “free”, in previous times we called it “exploitation”.
The need to bring jobs back to the USA to make things for US use and export to other nations is a basis of a stable economy.
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