Quote:Here's another good opinion piece about trade.

<a class="bbc_url" href='http://www.thedailybeast.com/articles/2016/04/11/donald-trump-and-bernie-sanders-are-delusional-on-trade-policy.html'>http://www.thedailybeast.com/articles/2016/04/11/donald-trump-and-bernie-sanders-are-delusional-on-trade-policy.html</a>


"...it won’t be the “one percent” who suffer if the populists get their way; it will be U.S. companies with global supply chains and millions of middle-class American workers and consumers."

Lol, oh no the middle class is gonna suffer. Lol, uh, the middle class is getting decimated and has been getting shafted for quite a while now.


As for consumers, you should read that paper I linked yesterday. It's a pretty accurate depiction of what happens with all the savings multinationals gain from free trade. Especially in markets that are oligopolies, the pressures to compete and have lower costs on products dries up.


These companies get the benefit of higher profits and tend to retain those earnings, or give them back to shareholders in terms of dividends.


And they don't build or hire more because the demand is not increasing, 1 because they aren't lowering prices, and 2 the middle class continues to shrink.

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