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Honored Advisor
Posts: 18,055
Registered: ‎05-13-2010
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Re: Pat Buchanan: Tariffs that made America Great

"The net gain for making US consumer goods overseas"?    ...Boy, I`m the last one to make that argument for that economic policy, perhaps someone from Canada would better plead that case   Smiley Happy

 

The free trader`s only leg to stand on is that when we get flooded with cheap Chinese junk, that someone in the US on a MacDonald`s wage can afford a lot of crap that they ordinarily wouldn`t afford on that income.  And if you are in the lucky few that produce something such as soybeans, that is something that the Chinese haul back after dumping off their Walmart junk.