TenuredVulture wrote:Camp Holdout wrote:Warszawa wrote:free trade - meh
i almost posted something to this affect after JH's post. i'd love that debate to open up a little bit about "free trade". what that actually means, why it actually seems to be hurting american business when coupled with other policies, and why it seems to have hindered innovation on an international scale.
i feel like its something that people think they should be for because it has the word "free" in it. but if they actually think about it for more than 10 seconds they might realize its a pretty iffy prospect...
Free trade also produces opportunities for American business.
While some right wing economists like to charge the New Deal with exacerbating the Great Depression rather than improving economic conditions, there's no doubt that protectionism, adopted by almost every country, made things a lot worse.
i hear ya. its a messy thing. i just think its a debate that is needed in this country. the republicans would of course win it because if you are against something with the word "free" in it, you must be against "freedom".
i think the odd thing is that when we just trust our american businesses to compete on a global "free" scale, and we start losing... badly, we should do something about it. the automobile industry is a pretty interesting case study on this point, and one that might actually be appropriate for this election cycle.