Being able to buy cheaper goods allows us to spend the extra money elsewhere in the economy. Again, the seen and the unseen.larsenb wrote:I think you should have ticked 'free trade' in this instance. But you're right, we've been able to largely stave off, at least up until recent years, the real effects of our economic malaise because of being able to buy cheaper goods. It's called exporting our inflation.Separatist wrote: . . . . . It has actually been free trade and the ability to buy cheap foreign goods which has been the savior for many of these people.
If I can buy a car for 20k, but because of Trump I now have to pay 25k, I am now unable to use the additional 5k for a variety of others things. With Trump I only have the car. Without I have the car + 5k, which will probably be dumped into a variety of local business and saving/investment. Trumps policies harm consumers and the untold variety of unseen uses the consumers would have had with the extra money.