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Originally Posted by crucifissio
I am not against westerners having high paid jobs or anything like that...I am just addressing the factual reality that nobody wants to employ them or invest in a company that employs them for obvious reasons...building a "wall" does not solve this in any way...
trade agreements go both ways...you can not protect domestic production without hurting exports...impose a tax on imports = expect same tax imposed on you for your own exports...it goes both ways...always...
oh and nobody will buy the goods...you are spot on with your argument, the only problem is capitalism wants its money NOW...it does not matter what will happen in 20-30 years...you take the money NOW and run or you do not take the money and somebody else does...
interesting times are ahead....
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It's this simple. Balanced trade deals. For every $ you sell, you buy a $'s worth from us. This way you protect domestic production and boost exports.
I lived in the days when we made clothes and electrical goods in the UK. We had less poverty and less living on the Governments tit.