3 ms·
Free trade works, you know. If Airbus makes better, cheaper planes, then forcing US carriers to fly Boeing would mean US carriers losing market share to every f
by valuearb 10y ago
Free trade works, you know. If Airbus makes better, cheaper planes, then forcing US carriers to fly Boeing would mean US carriers losing market share to every foreign airline around the globe. Every dollar we spend overseas has to come back to the US, either as purchases of our products or as loans to paper over our government's deficits (Thanks Obama, Bush the Second and Trump!).
If you want to know how bad things get when you limit free trade, google Smoot-Hawley.