Tony Smith wrote: >>>Free Trade Agreeement with the US. We got screwed. We liked it. So >>>they >> >>[snip] >> >>Now, this one I can't agree with. When you have a free trade agreement, >>*both* sides win. Sure, you have selected industries that go bankrupt, but >>the benefit to consumers (cheaper goods) far outweigh the losses of a few >>underperforming companies. Macroeconomics 101. > > > > Well, that's how it's *supposed* to work. Practice differs from theory. > > Tony > Indeed, individual US politicians and lobbyists carry so much weight that even when free-trade arbitrators rule agaist them they still block goods using "legal" end-runs to protect their home turfs. D -- http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist