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How much is protectionism worth to you?
Asked by Rarebear (25192)
April 28th, 2017
Both Trump and Sanders campaigned on an anti-globalist stance, anti TPP, NAFTA, and other free trade agreements. There were merits to their arguments. (Sanders’ arguments were more cogent, but that’s another topic.)
If the US becomes more protectionist and immigration goes down (it already has), prices will probably rise mostly because increase costs of labor.
Assuming this is correct, what percentage of an increase of prices are you willing to tolerate?
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