“Everyone is in favor of free speech… but some people's idea of it is that they are free to say what they like, but if anyone else says anything back, that is an outrage.” ― Winston Churchill
A nice exploration of the practical effects of TrumpTrade. The concluding paragraph:
In sum, the art of the trade deal according to the Trump administration teaches us that Americans win when the dollars in our pockets buy less in global markets; when we pay higher prices for the goods and services we use every day; when U.S. producers face higher costs of production than their foreign competitors; and when the taxes we pay buy less infrastructure and national defense.
The author neglected to add to the summary, “…when there are fewer American jobs; and when regulatory capture, financed by political contributions, becomes a standard method of excluding small competitors from markets.”
