International trade makes our lives better, Looking at you Mr. and Ms. Candidate

Don’t buy the protectionist bull. International trade is a very very good thing. It has brought us far better cars, better and less expensive clothing, jobs in a myriad of industries. Generally international trade has brought America a much higher quality of life.

There are people who do not like the change which comes with international trade. For instance the politically powerful auto unions used to never stop complaining about it. But guess what? Most of us are way better off because the Honda Accord and the Toyota Camry killed the cobbled together bits of steel,

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New York Taxi Mogul, Seeking a Bailout, Says He’s Too Big to Fail

The taxi industry is in decline thanks to the likes of Uber, Lyft, and other similar companies. The long time crony arrangements cab companies have enjoyed for decades around the world are falling apart. The market has gotten a taste of the higher quality and in many cases lower prices of ridesharing companies and it likes it.

But one shouldn’t expect an industry built on cronyism to go down without a fight and in the attached article we witness another scrap in the shadow of impending market doom.

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