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Originally Posted by sebastian_dangerfield
Where it was needed, in unsecured consumer loans, it was weak.
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I suggest you ask the people who make those loans if they thought that before the GOP gutted it.
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[One side wants the gains of trade and innovation - the economic gains from which accrue most to educated, upper middle class to affluent people and multinational corporations
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Sure, if you think the people buying cheap products from China aren't getting any benefit. Paying less for stuff is, indeed, an economic benefit.
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while mitigating, minimally, the harms to the working and middle class, which are enormous.
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Sure, as long as you argue from your gut and ignore actual evidence.
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Let's be honest -- when you value globalization over domestic labor, you are making a choice.
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Except no one made that choice. Nearly everyone making policy believed there was no direct trade off, because every trade deal and all available evidence said there wasn't one.
Then China joined the WTO and we learned that if there's a big enough change in trade terms, you can't get the effects that you're focused on. But the thing is that was a one time event (and appears to be over) and not nearly as big of scale as you want to make it out to be.
The Dems could be advocating for a lot more help. Some of them are. That is very much a point of the Green New Deal. It's the other side that's for doing nothing.
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And regarding China, with the exception of the iPhone, their products fall apart at 1/2 to 2/3 of the lifespan of similar products made elsewhere, and their generic drugs are... well, god only knows what's in that shit.)
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You don't even try to not sound like you're full of shit.
