Wednesday, March 16, 2016

Free Trade Nonsense

Here is the sort of BS which the "free trade" crowd keeps shoveling:

Here are some facts lost in the heat of primary season. Excluding oil, the United States actually has a trade surplus in manufactured goods (you read that right) with the 20 countries with which it has trade agreements (although that does not include China). Over all, the United States enjoys an annual trade surplus in services, driven by financial services and intellectual-property licensing, of more than $200 billion.

You can read the rest @
http://www.nytimes.com/2016/03/16/opinion/what-trump-and-sanders-get-wrong-about-free-trade.html

Note how she cooks the books - "excluding oil", "does not include China", etc.

Dear Miriam - the "services" you mention mainly enrich Wall Street and Hollywood and do nothing for We The People.

"Free trade" is a scam designed to wreck nation states (including ours) and empower corporations.

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