Your comment confuses me because you claim that when the working class hears “free market” they think, “regulate American industry into oblivion and buy everything from China.”
But that’s the exact opposite of what free market means. Regulations are anti free market and regulations are why doing business in America is so much more costly …
Your comment confuses me because you claim that when the working class hears “free market” they think, “regulate American industry into oblivion and buy everything from China.”
But that’s the exact opposite of what free market means. Regulations are anti free market and regulations are why doing business in America is so much more costly than in China. American workers are simply more expensive as well, even when not competing with slave labor.
I get the sense that Trump voters are economically illiterate and operate more out of tribal classism (what’s good for the rich must be bad for me, what’s bad for the rich must be good for me!) rather than a considered understanding of why jobs went overseas and what realistic options we have to counter this.
Furthermore, the biggest problem in our economy right now is not job creation, it’s the cost of living (inflation). The solution to this is not more tariffs or anti free trade, it’s the opposite.
False, that only makes sense if your understanding of free trade is some sort of anarcho capitalist laissez faire no rules system. Of course that’s not what free market means.
The World Trade Orginazion defines free trade as any trade with less than 30% tariffs. Free trade means removing barriers, not removing all barriers.
Your argument is a straw man. It’s like saying one can’t be a capitalist if one supports regulation and taxation. Of course that’s nonsense.
Inflation is a product of money printer go burr. Freeing up the market won't fix that, besides right now the supply side is fixed, except for housing.
Free markets only work if they're fair markets. Without FULL reciprocity from our competitors, the only proven result will be high stock returns for the stockbrokers who sell us out, and lost jobs + wages for the working class.
"What's good for the rich must be bad for me!". In American political transitions this has been true for everyone BUT Trump.
That what happened with Clinton and NAFTA, when Bush let China into the WTO, and when Obama chose the banks over homeowners in 09, and Biden's Inflation (Magnifcation) act. I agree most people are economically illiterate - but they don't need a degree in economics to understand what six to nine inches up your backside feels like. And voters can see a line of Biden super-donors behind Haley lubing up.
Your comment confuses me because you claim that when the working class hears “free market” they think, “regulate American industry into oblivion and buy everything from China.”
But that’s the exact opposite of what free market means. Regulations are anti free market and regulations are why doing business in America is so much more costly than in China. American workers are simply more expensive as well, even when not competing with slave labor.
I get the sense that Trump voters are economically illiterate and operate more out of tribal classism (what’s good for the rich must be bad for me, what’s bad for the rich must be good for me!) rather than a considered understanding of why jobs went overseas and what realistic options we have to counter this.
Furthermore, the biggest problem in our economy right now is not job creation, it’s the cost of living (inflation). The solution to this is not more tariffs or anti free trade, it’s the opposite.
Free market means no import controls on Chinese goods. Clear?
False, that only makes sense if your understanding of free trade is some sort of anarcho capitalist laissez faire no rules system. Of course that’s not what free market means.
The World Trade Orginazion defines free trade as any trade with less than 30% tariffs. Free trade means removing barriers, not removing all barriers.
Your argument is a straw man. It’s like saying one can’t be a capitalist if one supports regulation and taxation. Of course that’s nonsense.
Inflation is a product of money printer go burr. Freeing up the market won't fix that, besides right now the supply side is fixed, except for housing.
Free markets only work if they're fair markets. Without FULL reciprocity from our competitors, the only proven result will be high stock returns for the stockbrokers who sell us out, and lost jobs + wages for the working class.
"What's good for the rich must be bad for me!". In American political transitions this has been true for everyone BUT Trump.
That what happened with Clinton and NAFTA, when Bush let China into the WTO, and when Obama chose the banks over homeowners in 09, and Biden's Inflation (Magnifcation) act. I agree most people are economically illiterate - but they don't need a degree in economics to understand what six to nine inches up your backside feels like. And voters can see a line of Biden super-donors behind Haley lubing up.