Quote:
Originally Posted by woodtoo
Really, everyone. And you say that with a straight face.
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Yes I do.
If I break this down to the ridiculous it becomes pretty easy to see. I work in the mortgage industry which honestly is a hilarious name "industry"...
I don't produce anything of real value outside the few coyote hides I shoot.
What I do is provide a service that in turn compensates me with dollars.
Using those dollars I purchase things from here, there, and everywhere.
Using myself as an example EVERYTHING I purchase that is imported adds to the trade deficit... literally every single dollar. Since I don't actually produce anything to export.
Free trade simply allows me to purchase goods that I deem the best value to myself regardless of where they come from. This allows me to keep and spend more of my dollars elsewhere.