It's just telling that you've got an authoritarian playbook that sort of, at every pass, seems to be more focused on driving up corporate profits at the expense of the American people.
The Case for Fair Trade
… high protectionist tariffs and Japan to lower its formidable nontariff barriers. America would surely sell more Florida oranges, … deficit would increase America’s GDP, and the real wages of blue-collar America would rise from Seattle and Orlando to … - page 793
… U.S. companies offshore their production to chase cheap labor or manufacture in a Chapter The Case for Fair Trade Page number 793 … Consider, too, the investment term in the GDP … U.S. companies offshore their production to chase cheap labor or manufacture in a … Consider, too, the investment term … - page 793
… a GDP growth rate that is lower than it would be otherwise. Moreover, if such offshored production results … exports to the U.S.—for example, an American consumer buys a Made in Mexico Dodge Journey or Chevrolet Trax rather than a vehicle assembled in Detroit—the trade deficit rises along with the fall … - page 793
… The national security argument that trade deficits matter begins with America’s national-income accounting double-entry system and this accounting identity: Any deficit in the current account caused by imbalanced trade must be offset by a surplus in the … - page 793
… In the short term, this balance-of-payments equilibrium - 11665 In the short term, this balance-of-payments equilibrium may indeed “not matter” as … - page 793
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