We are at an interesting time in history.  I’ve probably come across as an advocate of protectionism if you’ve read my prior posts.  I’m actually not.  However, engaging in free trade without the parameter of equalized (or semi-equal) wages is detrimental to our development.  Our industrial base has been gutted over the years and shipped to lower wage countries.  

However, I’m becoming aware that protectionist sentiment may be the last thing our political class should focus on at the present time.  Reason?  Wage equalization is clearly taking place in China.  Economic forces are actually working for America’s long-term benefit.  Interrupting this ongoing process, by initiating a trade war, may be a huge blunder in history.