Here's a chart we dedicate to Martin Wolf, the Financial Times in-resident Keynesian apologist and pro-free trade grump. It's from the Washington Post, for God's sake. Who would've thunk it? If Wolf in his nonsensical rantings against a president-elect who has not even taken office yet spent more time minding his own business, he might be a happier fellow.
It's worth noting that the authors note their PC position on free trade (That is, if they wanted get the WP to print their story!) but call for more sharing of the economic spoils. If free trade with China is causing white people to commit suicide or die early, it's not much different from black lives matter.
We have heard about Chinese imports of dog foods that have killed numerous American pets, but this brings up what the hell else is going into all that Wal Mart junk younger people clutter up their garages with--that is, if they can afford one--only to have to get rid of when the get old and maybe get to retire, if they can ever afford to.
Most likely one reason all those heart attacks occur when they realize how much money they wasted over the years following Keynesian precepts and see how much junk they have to got to get rid of. But don't tell Paul Krugman. He's still running around saying: "What happened?"
The nonpartisan National Bureau of Economic Research published the findings in a working paper on Monday, during an uncertain moment for global commerce. President-elect Donald Trump has promised to renegotiate trade deals and has threatened punitive tariffs on Chinese goods.
Like most experts on trade, Schott argues against new tariffs or other restrictions. Instead, he calls on policymakers to do more to ensure that everyone shares in the gains from globalization.
washingtonpost.com/news/wonk/wp/2016/11/23/trade-with-china-literally-kills-americans-economists-say
It's worth noting that the authors note their PC position on free trade (That is, if they wanted get the WP to print their story!) but call for more sharing of the economic spoils. If free trade with China is causing white people to commit suicide or die early, it's not much different from black lives matter.
We have heard about Chinese imports of dog foods that have killed numerous American pets, but this brings up what the hell else is going into all that Wal Mart junk younger people clutter up their garages with--that is, if they can afford one--only to have to get rid of when the get old and maybe get to retire, if they can ever afford to.
Most likely one reason all those heart attacks occur when they realize how much money they wasted over the years following Keynesian precepts and see how much junk they have to got to get rid of. But don't tell Paul Krugman. He's still running around saying: "What happened?"
The nonpartisan National Bureau of Economic Research published the findings in a working paper on Monday, during an uncertain moment for global commerce. President-elect Donald Trump has promised to renegotiate trade deals and has threatened punitive tariffs on Chinese goods.
Like most experts on trade, Schott argues against new tariffs or other restrictions. Instead, he calls on policymakers to do more to ensure that everyone shares in the gains from globalization.
washingtonpost.com/news/wonk/wp/2016/11/23/trade-with-china-literally-kills-americans-economists-say
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