Now this is for NJ..... How he doesn't get this stuff after 4 years at PSU just shows that ideology even trumps a good education.
http://www.realclearmarkets.com/art...rade_youve_never_lived_without_it_101672.html
Naysayers will argue that free trade destroys jobs, but then so does all economic progress. This is a happy development. If jobs are or were the sole purpose of economic activity, then the logical next step beyond closing our borders to foreign goods would be to abolish the car, the tractor, the ATM machine and the internet. All four were massive job destroyers, but as evidenced by the fact that we're not in breadlines as a result of their proliferation, economic advances that destroy jobs don't erase work; rather they reorient investment to new forms of commerce that simply change the nature of our work. This is good. Indeed, not much more than 100 years ago most Americans worked on farms. Thank goodness for the economic progress that free trade speeds up. How skillful and productive would most of us be with the backhoe?
http://www.realclearmarkets.com/art...rade_youve_never_lived_without_it_101672.html
Naysayers will argue that free trade destroys jobs, but then so does all economic progress. This is a happy development. If jobs are or were the sole purpose of economic activity, then the logical next step beyond closing our borders to foreign goods would be to abolish the car, the tractor, the ATM machine and the internet. All four were massive job destroyers, but as evidenced by the fact that we're not in breadlines as a result of their proliferation, economic advances that destroy jobs don't erase work; rather they reorient investment to new forms of commerce that simply change the nature of our work. This is good. Indeed, not much more than 100 years ago most Americans worked on farms. Thank goodness for the economic progress that free trade speeds up. How skillful and productive would most of us be with the backhoe?