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Re: janice shell post# 536709

Thursday, 07/31/2025 8:19:44 PM

Thursday, July 31, 2025 8:19:44 PM

Post# of 575758
Maybe thats true, dems are pretty much out of answers for past financial policy...I hope they have something else other than the same Old........

🏭 The Uneven Impact of Free Trade

Job Displacement: Industries like manufacturing saw massive offshoring, leaving skilled workers without comparable employment.

Wage Pressure: Increased competition led to stagnant wages and reduced bargaining power for U.S. workers.

Corporate Gains: Multinational corporations often reaped the biggest benefits—lower labor costs abroad, fewer regulations, and wider markets.

Community Erosion: Entire towns that once thrived around factories or mills were hollowed out as companies chased cheaper production overseas.

📚 What Trade Advocates Missed

They underestimated the long-term structural effects on local economies.

They assumed retraining programs could easily shift displaced workers into new industries.

And they leaned heavily on GDP growth, often ignoring income inequality and quality of life metrics.

Now, we’re seeing a shift from blind enthusiasm for globalization to more values-based trade, where fairness, transparency, and national resilience take center stage. The pendulum is swinging—and it seems like more Americans are demanding that trade serves the people, not just the profit margins.

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