My only issue with Milton Friedman is his idea that free markets work. We've tried free markets with the rest of the world and all it did was impoverish the American worker.
They might have worked if the other countries played by the rules, but they didn't and we are worse off for it.
You mean free trade, but I agree. The idea that if China was opened up they'd somehow adopt free market policies was wrong. Instead they've just exploited their people and enriched themselves so they could assume a posture to take over the world militarily. Opening up free trade to China didn't result in the free markets the Chicago school predicted.
adding in the aboslute disaster of our domestic policy, and it all added up to not being a good deal. between regulations, inflation, red tape, overzealous unions, and probably more things than we can count, including minimum wages etc, it all is plain to see how we got here. I think simply adjusting the "trade imbalance" is a huge gap closer, but there is harsh medicine that has to be swallowed at home too. I'm afraid the public won't accept it, it isn't a winning position or very popular since the narrative has been shifted so heavily into the hands of leftist (socialist) dogma. Conservatives aren't actually defending their values, but defending the leftist critiqued versions.
I do have a positive outlook for us, through thick and thin
My only issue with Milton Friedman is his idea that free markets work. We've tried free markets with the rest of the world and all it did was impoverish the American worker.
They might have worked if the other countries played by the rules, but they didn't and we are worse off for it.
You mean free trade, but I agree. The idea that if China was opened up they'd somehow adopt free market policies was wrong. Instead they've just exploited their people and enriched themselves so they could assume a posture to take over the world militarily. Opening up free trade to China didn't result in the free markets the Chicago school predicted.
adding in the aboslute disaster of our domestic policy, and it all added up to not being a good deal. between regulations, inflation, red tape, overzealous unions, and probably more things than we can count, including minimum wages etc, it all is plain to see how we got here. I think simply adjusting the "trade imbalance" is a huge gap closer, but there is harsh medicine that has to be swallowed at home too. I'm afraid the public won't accept it, it isn't a winning position or very popular since the narrative has been shifted so heavily into the hands of leftist (socialist) dogma. Conservatives aren't actually defending their values, but defending the leftist critiqued versions.
I do have a positive outlook for us, through thick and thin