General Discussion
In reply to the discussion: France: Yet another nation turns against globalism: 80% see it as a job-killer [View all]pampango
(24,692 posts)of the republican party.
"China's middle class has EXPLODED in size while ours has imploded. You might very well be the only person alive that claims China's working class is worse off now than it was before."
You might want to work on those reading skills. I did not claim that China's working class is worse off now.
I note you did not deny that China's middle class has grown through trickle down economics which has skewed the benefits towards the rich. The same thing happened in the 1920's in the US. If you support that kind of economic growth you belong on romney's economic advisory team. We just have to increase the wealth of the rich enough and the middle class will benefit.
"Germany, Norway, Sweden and many more have low unemployment, strong unions, trade surpluses and equitable distributions of income. And they trade with other countries to a much higher degree than we do. Yes, they have adapted very well. FDR would be quite proud of them and ashamed of what the US has become."
You quoted it but forgot to respond to it.
"You know that we can't ship jobs out of the country if we have tariffs that are high enough."
Is that a quote from Smoot, Hawley or Hoover? Too bad FDR never thought of that. He actually thought that tariffs discouraged trade and that they were a bad thing. Little did he know.
A wise man once posted "Nobody's saying that declining trade would lead to an improving economy."
I think he was right.