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Showing posts from August, 2018

The Pros and Cons of Free Trade

What is free trade? Free trade means that nations agree to trade goods and services without government interference – no tariffs, no underlying government regulation. The concept of free trade is supported by mainstream economics (neoclassical) which assumes that there is a level playing field worldwide; that free trade means governments do not help the private sector. But when the U.S. made a deal with Canada and Mexico to promote free trade, the North American Free Trade Act (NAFTA), manufacturing jobs were lost to this country. There is no denying that free trade has had an enormous impact on employment in some sectors in this country. Look at Mexico. Labor is cheap in Mexico so many American manufactures moved their plants to Mexico. Between 1994 and 2002, the U.S. lost 1.7 million jobs, gaining only 794,00, for a net loss of 879,000 jobs. Nearly 80% of these jobs were in manufacturing. California, New York, Michigan and Texas were hit the hardest because they had high

How Many Republicans Are There?

On July 12, 2018, Larry Sabato of the University of Virginia gave us some interesting statistics: 44,242,975 voters are registered as Democrats;  32,570,817 voters are registered as Republicans;   31,489,028 are registered as Independents; and,  11,672,1568 voters are registered as other. 40% Democrats 29% Republicans 28% Independents  2%  Other However, several states don't ask for affiliation and are left out of the count. Sabato points out that "To be sure, there are a number of major states that do not register voters by party, such as Texas, Georgia, Washington, and the keystones of the industrial Midwest: Illinois, Indiana, Michigan, Ohio, and Wisconsin [19 states]. If they did register by party, Texas, Georgia, and Indiana would almost certainly add to the Republican total; the industrial states probably less so."  Then he looks at trends and sees that the proportion of voters have shifted to independents as opposed to party affiliation. W hat doe