03-09-2016, 06:38 PM
(03-09-2016, 05:56 PM)Wyche Wrote: I think Trump is gaining steam due to his talk about taking outsourcing corporations to task with penalties and tariffs
It's actually a really interesting point I've been debating myself. And Romney made some good points at how difficult (and destructive) the policy can be if it kicks off rampant trade wars.
But the real wealth transfer is developing countries taking our jobs. We can demagogue corporations for outsourcing, but it's part of the game to remain globally competitive. The problem is those countries don't become buyers and equal trading partners overnight, so Trump may be on the right track if he's talking about "managing" free trade.
Although robotics and AI are global job killers, and I haven't heard anyone talk about it reasonably much less offer practical solutions.
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