|The British Decided They Should Go It Alone|
We have been sold the idea by politicians and those who benefit from such things that you need a trade deal in order to trade when in effect you can trade without one unless it is denied. This popular message has also been promoted by the media which often speaks more for those in power and the establishment than the common man. It is simply wrong-headed to think free trade is the silver bullet and that it creates as many jobs as we are often told. As we have gone down the road of increased free trade we have discovered it is often "not fair" and can come with negative side-effects. Jobs would be created anyway, many trade agreements merely shift the jobs from one area to another and the real beneficiary is usually big business.
|Trade Is Often Blamed For Loss Of Jobs|
The reality or truth of the matter is that many types of change are occurring. Changes resulting from just technological advancements are hammering away at our culture in ways few people would have imagined. While nobody should think globalization will stop in its tracks it might be in our best interest to slow it down so we have time to address some of the stress it is putting on our institutions. In one camp are those who see a positive future where the sky is blue and all is well, those pushing back against globalization are less comfortable with this trend. Change in itself can be disruptive and polarizing. A strong case can be made that not all change is good and racing blindly forward without considerations to the ramifications is a dangerous strategy.
This feeling that all is not right extends into the world economy where those of us who are less than enthusiastic about a rash of new policies and tools are very concerned and quick to point out that denial isn't just a river in Egypt. We, nonbelievers, have continually been assaulted by those who think the unproven economic model known as Modern Monetary Theory or MMT is the answer and cure-all to the world's economic woes. It is not uncommon for these forward thinkers to act as though nonbelievers are stupid and unenlightened. I might argue that it would be wise to not rapidly accept what we are told by those with an agenda of self-interest and pay more attention to long-term sustainability. The public is often fed a load of rubbish, you can rest assured the money interest and power brokers generally have a much louder voice at the table than the average voter.
|You Can Agree Or disagree With These Rates|
I'm forced to wonder and ponder just how much, where we live, our age, and even our occupations has to do with how a person views these issues. Here in America those within the beltway, in the small upper reaches of the income charts, living in booming or thriving coastal areas most likely have a far different take on the Obama economy and just how well things are going than those areas where the economy continues to struggle. My career in construction and real estate in the Midwest has left me feeling I'm in the front-lines of a war that we are not winning. I do not like being pessimistic but what I see and hear is far from the picture and story being painted by the mainstream media. My background in construction has proven to me that we can quickly learn that decisions made today may take years or even decades to reveal their flaws. In the end, how well something is constructed does matter.