come on Kaz, you are smarter than that. China and the others are not trading freely with us. They are manipulating their currency, subsidizing their industries, and cheating in every way possible. That's not free trade.
Never said it was. I said we should engage in free trade regardless. I've said that repeatedly, I don't get how you were confused about that. I've said it clearly a bunch of times.
And again I've said sure, government pushing them with other things, like defense and aid I'm all for. It's closing our markets that I'm against because that harms us more than helps us
sounds like you are saying we should engage in free trade even if the rest of the world doesn't. How would that work to our benefit?
It doesn't "sound" like I'm saying that, I'm saying that.
And you said you've taken econ classes, how did they explain it? What was wrong with their explanation?
BTW, you still obviously don't get the point of my question on why you want to buy the same thing for less money, that is the answer the field of econ gave you when you studied it
that makes no sense. We should let China demolish our industries by currency manipulation while we just sit on our hands and say " we do free trade" ? Are you crazy?
the laws of supply and demand only work on a level playing field. All Trump is saying to China is "make it level or we will".
As to your silly question on why people buy the lower priced item, it leaves more money for other things.
Begging the question, economics disagrees with you. You said that you took econ classes, you speculated as many or more than me. So why do all your posts ignore economics? Why can't you frame the discussion in terms of what you learned and rejected and why rather than sounding like someone who never has studied any economics at all?
OK, put up or shut up. Which economic rule says that one country should engage in free trade while the rest of the world manipulates the markets?
A cite from a econ text would be an appropriate response.