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Populist_Prole

(5,364 posts)

5. In the long run it'll all level out

Reply to misterhighwasted (Reply #4)

Wed Jan 21, 2015, 01:59 PM

Jan 2015

Say free-trade pollyannas.

"In the long run, we'll all be dead", astutely noted Keynes. The theororetical levelling out would take many lifetimes. The fattening of corporate bottom lines due to labor arbitrage pay off right now.

I wonder why the plutocrats want FTAs. Raising living standards abroad? Yeah yeah, that's it!

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7 replies

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Highlight:

TTP Isn’t the Only ‘Trade’ Takeover Busting Our Sovereignty [View all] Ferd Berfel Jan 2015 OP

Cue the folks who say this is all about raising wages and working conditions. Bullshit. djean111 Jan 2015 #1

It sure isn't about raising our wages or improving our shit labor and environmental protections TheKentuckian Jan 2015 #3

K&R!! 2naSalit Jan 2015 #2

We will all be making the same wages as the Asian countries misterhighwasted Jan 2015 #4

In the long run it'll all level out Populist_Prole Jan 2015 #5

yes, raising dirt poor living standards abroad while lowering our US standards here. levelling off. misterhighwasted Jan 2015 #6

How about a rise in 'dirt poor living standards abroad' while maintaining US living standards? pampango Jan 2015 #7