GeorgeWashington » 16 Jul 2014 8:19 pm » wrote:
With countries like china manipulating their currencies, our ever expanding trade deficit, and the value of our dollar and its reserve status which taxes exports and subsidizes imports, free trade hurts the American worker, regardless of how Wall Street ledgers read.
If you don't believe me, ask Mitt.
Actually, no. On balance, free trade is still a positive.
The Chinese are no longer manipulating their currency, but even when they arguably did, they were simply subsidizing goods for Americans. How is that bad?
And the US boomed after GATT and NAFTA took effect, during this manipulation.