General Discussion
In reply to the discussion: Obama and Romney Both Backing Secret Job-killing Deal? Trans-Pacific Partnership lurks [View all]amandabeech
(9,893 posts)"Free trade" means that all jobs but the top go to the country with the workers that can do the work at the lowest wage. Sometimes we end up with cheaper toys, but often products are cheap and of lesser quality.
People here who used to make stuff become unemployed for long periods or end up with much lesser paying jobs.
Capital, i.e. equipment and money end up in the cheaper countries.
We end up with crapier jobs and fewer of them.
Oh yes, from the date that the trade agreement is effective going forward, all future investment is made directly in the lower wage country.
Other factors that many low wage countries have that entices manufacturing employers are lack of or lack of enforcement of environmental protection laws, workplace safety laws and wage and hour (overtime and breaks) laws.
I cannot believe that you have as many posts as you do and either cannot recite this in your sleep.