Sunday, July 13, 2008

Nuts to NAFTA!

That's right... There are a lot of nuts running off to blame NAFTA for everything.

So, it time to bring in the BIG guns. Here's Drew Carey (big enough for you?)...



I know the reasoned argument of Drew Carey is less emotionally satisfying than the over-the-top rhetoric of doom-and-gloom NAFTA bashers. They would convince you that all the ailments of current society can be traced to those shifty-eyed foreigners who -- when they aren't trying to steal our womenfolk -- are busy stealing our jobs. But economists have known since the days of Adam Smith and David Ricardo that free trade that the path to greatest economic growth is via open markets and free trade.

Sure, if you lost your job you aren't compensated by knowing that "on average" everybody is doing better because of free trade. But that's life. We do better with free trade. So quit bashing free trade and demand social programs that ease the pain of the adjustment to the creative destruction that capitalism wreaks on an economy in the process of giving us a better life.

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