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RE: Understanding Trump

in #politics8 years ago

Without really commenting on Trump or his policies directly -- I think this stands out:

"In contrast, today free trade puts American industry and jobs up for auction, and we are losing that auction in completion with hundreds of million of people happy to work for much less than Americans, and financiers willing to build plants using U.S. know-how in foreign lands."

Free Trade, in itself is a good policy. The challenge is whether American businesses can compete in a Free Market. The primary argument against it, is that US businesses can't compete.

If that is the case, what's the approach to address this? Allow Free Trade, and force businesses to innovate in order survive? Or create a 'safe space' where they get some safety and hope that they innovate slowly. I think the latter may take away incentive to innovate.

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