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<blockquote data-quote="Nraman" data-source="post: 1316157" data-attributes="member: 10001">He called it free market and free trade, the point is that he believed that if a foreign country &quot;dumps&quot; on us by subsidizing or other means, it was good for us. He never realized that &quot;us&quot; meant a few corporations temporarily increasing their profits, instead of &quot;US&quot; meaning the nation.Don&#039;t get hung up on whether he said a specific word or not, that approach is not worthy of the conversation (he did support free market and free trade). What is important is that he advocated a government free approach where the corporations can do whatever the heck they want.He was wrong, China will be the #2 economy in another couple of years and we are sliding. It does not work.Domestic industry has to be protected from foreign products. The Chinese do it, the Japanese do it, the Indians do it and it works.<a href="http://www.youtube.com/watch?v=j0pl_FXt0eM" target="_blank">http://www.youtube.com/watch?v=j0pl_FXt0eM</a>It is insanity to keep doing the same thing over and over expecting change.</blockquote>

[QUOTE="Nraman, post: 1316157, member: 10001"] He called it free market and free trade, the point is that he believed that if a foreign country "dumps" on us by subsidizing or other means, it was good for us. He never realized that "us" meant a few corporations temporarily increasing their profits, instead of "US" meaning the nation. Don't get hung up on whether he said a specific word or not, that approach is not worthy of the conversation (he did support free market and free trade). What is important is that he advocated a government free approach where the corporations can do whatever the heck they want. He was wrong, China will be the #2 economy in another couple of years and we are sliding. It does not work. Domestic industry has to be protected from foreign products. The Chinese do it, the Japanese do it, the Indians do it and it works. [URL="http://www.youtube.com/watch?v=j0pl_FXt0eM"]http://www.youtube.com/watch?v=j0pl_FXt0eM[/URL] It is insanity to keep doing the same thing over and over expecting change. [/QUOTE]

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