In response to Norm My point us the same. Protectionism raises cost on everything workers buy while encouraging capital flight. How do you feel about Japanese protectionism or french protectionism. Do you think THEIR workers benefit.from the absurd prices for rice and wheat? As for Korean and Ja[...]
Commentary by Norm: Is Free Trade Good For Us? Pt. 3.
Continuing the thread about free trade Auto workers in Japan and Germany have been paid more than UAW workers in this country have for more than three decades. Your suspicions are flat out wrong. The problem with the cost of building US cars is primarily, tho not exclusively, the cost of worker [...]