wakeflood
Agree R/B. People also tend to forget that there were high tariffs on imported goods that supported a “build it here” economy. Once those “free traders” got sway, they happily tore down the tariffs and started shipping our jobs offshore to unregulated, poorly paid, environmentally unconcerned countries so we could have $2.99 tshirts and $499 laptops.
This was a choice, it didn’t have to happen. Now try putting that genie back in the bottle. Germany looks at this policy and laughs.
I wish I could find a testimony given to Congress a few years ago about the difference between “Globalization” and “Internationalization”. Internationalization allows for asymmetrical trade that doesn’t flush all protections away like Globalization does. We’re in a full-blown race to the bottom.
I’ll post if I find it.