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The Truth About Trade
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Quote:I think that's also a qualifier... consumers in certain markets benefit. Consumers that are being exploited by capital flight aren't really seeing the benefit of these cheaper goods because their wages are so deflated. I think that is more than offset by the hundreds of millions of consumers who have more money to spend because they pay less for imported goods than if they were produced in the US. And the fact that these hundreds of millions of people have more money to spend is a big boost to the US economy and job creation. We show less advertisements to registered users. Accounts are free; join today! |
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