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re: How Free Trade Took Down the American Middle Class

Posted on 3/23/25 at 7:29 pm to
Posted by BCreed1
Alabama
Member since Jan 2024
6510 posts
Posted on 3/23/25 at 7:29 pm to
Don't run from this. Own it! You just stated it!

quote:

quote:
The entire theory of making consumers pay more for goods to create manufactured efficiency for lower-level manufacturing is redistributive (aka, Marxism)




There it is! Everybody prior to FDR (who started "free trade") was marxists.
This post was edited on 3/23/25 at 7:30 pm
Posted by Trevaylin
south texas
Member since Feb 2019
9784 posts
Posted on 3/23/25 at 7:30 pm to
graph really is misleading

it shows the annual salary increase over the period of time for the PRODUCTION WORKER. It does not show that the percentage of production workers dropped by 67.5 % over that period of time
Posted by DemonKA3268
Parts Unknown
Member since Oct 2015
21150 posts
Posted on 3/23/25 at 7:31 pm to
quote:

Damn, a lot of those names are STILL in congress!!!!!!!!!!


One of the biggest problems in America.
Posted by ErikGordan
Member since Oct 2016
968 posts
Posted on 3/23/25 at 7:35 pm to
Free trade helps the middle class. It places countries on the same playing field.
The middle class was destroyed by Nixon's trade policy with China.
Posted by BCreed1
Alabama
Member since Jan 2024
6510 posts
Posted on 3/23/25 at 7:36 pm to
quote:

No. I'm promoting the USA and the backbone of why we remain the worlds economic superpower (and lower-level manufacturing would hurt that very economy).


No you aren't. We were the world super power in WWII... PRIOR to your communist wish list getting implemented.

4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.

Aren't you soooo proud!!

Waiting
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467780 posts
Posted on 3/23/25 at 7:39 pm to
quote:

Waiting


Explain to me how capitalism and freed trade is Communist, first

Which author are you using to argue this? Cite the passage and book for me.
Posted by 4cubbies
Member since Sep 2008
59343 posts
Posted on 3/23/25 at 7:40 pm to
Neoliberalism decimated the middle class. Three decades of neoliberal policies has failed Americans economically.
This post was edited on 3/23/25 at 7:41 pm
Posted by BCreed1
Alabama
Member since Jan 2024
6510 posts
Posted on 3/23/25 at 7:41 pm to
Don't run from this. Own it! You just stated it!

quote:

quote:
The entire theory of making consumers pay more for goods to create manufactured efficiency for lower-level manufacturing is redistributive (aka, Marxism)




There it is! Everybody prior to FDR (who started "free trade") was marxists.
Posted by Penrod
Member since Jan 2011
52605 posts
Posted on 3/23/25 at 7:47 pm to
quote:

Middle class didn't live in 2000sqft houses in the 70's and they sure didn't have 2 brand new cars either.

Bingo! That was some exaggerated bullshite.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467780 posts
Posted on 3/23/25 at 7:47 pm to
quote:

! You just stated it!

Yes, Redistribution is marxism.

quote:

Everybody prior to FDR (who started "free trade") was marxists.


Posted by BCreed1
Alabama
Member since Jan 2024
6510 posts
Posted on 3/23/25 at 7:54 pm to
Oh hell no you don't. You don;t get to cut part of your sentence off and claim something new.


Your words again in making tariffs out to marxism:

The entire theory of making consumers pay more for goods to create manufactured efficiency for lower-level manufacturing is redistributive (aka, Marxism)


As to your quote... The founding fathers all the way to FDR were pro tariffs. So are you now saying that tariffs are free enterprise?

LOL! Which is it Slowmo? Tariffs Marixism or Free Enterprise?
Posted by dgnx6
Member since Feb 2006
86407 posts
Posted on 3/23/25 at 7:58 pm to
quote:

The U.S. deficit with three of those nations has increased more than 400%: Canada, 484.34%, Taiwan, 461.55%, and Vietnam, 285.98%. The deficit with another three has more than doubled: Mexico (171.54%), Ireland (141.23%) and South Korea (138.94%).



Not sure we really had free trade.

Posted by N.O. via West-Cal
New Orleans
Member since Aug 2004
7689 posts
Posted on 3/23/25 at 7:58 pm to
“No it's not. Either a house was roughly 2.5 times of the income or it wasn't. Either it's way more now or it isn't.”

What? That wasn’t even the main point of the OP. And you don’t seriously believe that it was trade policy that drove up housing costs, do you?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467780 posts
Posted on 3/23/25 at 7:59 pm to
quote:

and claim something new.


I did no such thing. Your reaching is relying on reaching, at this point.

Capitalism is freedom, specifically freedom from government intervention in markets. I believe in capitalism and freedom.

quote:

The founding fathers all the way to FDR were pro tariffs.

You didn't read the whole quote. That's only part of it.

quote:

So are you now saying that tariffs are free enterprise?

They are government intervention/regulation. We are less free with tariffs than without.

How do you define Marxism, specifically with respect to economics and governmental policy?

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467780 posts
Posted on 3/23/25 at 8:00 pm to
quote:

Not sure we really had free trade.

Trade deficits mostly signal you're doing a good job at free trade and are rich.
Posted by FlyDownTheField83
Auburn AL
Member since Dec 2021
1383 posts
Posted on 3/23/25 at 8:02 pm to
China and the US do not have free and fair trade. China subsidizes their industry with govt money, they artificially suppress wages, they have economic policies that suppress imports, etc…. Your condescending manner and mocking comments that are essentially meant to demean people that are sticking up for ordinary Americans are disgusting. Especially when you are either immaturely ignorant or willfully spreading half-truths.

Sometimes I have read your comments and I wonder, are you paid to come on the rant and spread propaganda? Seriously,……is this something supported by USAID?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467780 posts
Posted on 3/23/25 at 8:04 pm to
quote:

China subsidizes their industry with govt money, they artificially suppress wages, they have economic policies that suppress imports, etc


We benefit from most, if not all, of these policies.

If you don't believe me I can post Milton Friedman explaining it. This isn't my theory of my argument. It's the argument of the greatest American economist in history. Well I haven't looked specifically, I bet you I can find Thomas Sowell agreeing. I have more experience reading Friedman

quote:

. Your condescending manner and mocking comments that are essentially meant to demean people that are sticking up for ordinary Americans are disgusting.

I'm doing no such thing. You are emotional arguments are noted though.

quote:

Sometimes I have read your comments and I wonder, are you paid to come on the rant and spread propaganda? Seriously,……is this something supported by USAID?

Promoting Milton Friedman is certainly not a USAid thing. It used to be the dominant philosophy on this board without question. People have just grown more leftist and desirous of government intervention in their old age
Posted by AUstar
Member since Dec 2012
19284 posts
Posted on 3/23/25 at 8:04 pm to
The difference is cost of living was much cheaper back then compared to now.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 3/23/25 at 8:05 pm to
quote:

Trade deficits mostly signal you're doing a good job at free trade and are rich.
Posted by BCreed1
Alabama
Member since Jan 2024
6510 posts
Posted on 3/23/25 at 8:06 pm to
quote:

you don’t seriously believe that it was trade policy that drove up housing costs, do you?


I'm saying the cost out ran the pay. In fact, you can go all the way back to the 1950s and it's the same story. Houses were roughly 2 to 2.5 times the average salary.

3-bedroom house in 1950 was $7,400. In today's money, that's roughly $90,000.

Average family income was $3,300.
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