As soon as someone claims to support the free market, whether or not the candidate is an economic traitor is an issue in play. Actually, it's an issue for all candidates as far as I'm concerned.
The free market has also resulted in
25% of the households owning 87% of all U.S. wealth. So, we really have to wonder whether such politicians are good for the other 75% of us. Will a guy like this who claims to support the free market just further promote the economic policies that have resulted in the top 25% having 87% of the wealth?
25% of households own 87% of wealth because those 25% are the most creative and hardest working people whom create that wealth. Your view of the economy is completely skewed by your emotions. Poor people aren't poor because rich people took away their money. Rich people are rich because they produced goods or services so useful to society (except for Democrat politicians, whom get rich by mooching off everyone else). Poor people stay poor because they don't work hard, don't get educated, and don't save money for their kids. Under these circumstances, how could you expect any other results in wealth distribution?
If you have references for that claim, I'd like to see them. Our nation has been running a multi-hundred billion dollar trade deficit for years, so where are all of these "2-10 new jobs created"? If 2-10 new jobs are created for each job sent overseas, where are they? Why is the unemployment rate so high (about 22% using the Shadowstats figure, about 17% using U6), and that doesn't even count underemployment. If what you say is true--2-10 jobs for each one sent overseas--we should be swimming in a sea of available middle class jobs right now.
The claim on its face seems nonsensical--we gain jobs by losing jobs. It's almost the same as saying, "We need lots of unemployment in order to have more employment."
The reason why unemployment is so high right now is due to deleveraging and the banking crisis. What, you think we just magically went from 4% to 20% unemployment over a few months and all those jobs went to China?
(So far no economist, politician, or pundit has been able to provide a convincing answer to that question to explain how global labor arbitrage will benefit Americans and if they did you can bet that we would hear about it everyday because they would be shouting it from the rooftops.)
Your economic ignorance is quite astounding. That, or you are just trolling.
First of all, companies using foreign labor is not arbitrage, it is comparative advantage. Basically, the first words you hear on day one of economics 101. Arbitrage is what liberal progressives like George Soros utilize to make huge amounts of money by fooling with other nations' currencies.
And if you truly do not understand how more efficient production leads to lower prices for goods, which leads to people being able to afford and buy more goods, which creates new jobs for those goods, well, I can't really help you. I guess
Yuri Bezemov was right - some people just have been programmed to think irrationally early on and there is no way to convince them of the truth that is right in front of their eyes.
Immigration restrictions are a form of economic dictatorship in that such laws tell domestic businesses who they can and cannot employ domestically. Under real laissez-faire capitalism anyone who wanted to enter the United States for work and to establish citizenship would be free to do so as long as some private property owner somewhere were willing to let them stay on his private property.
Oh I see what you did there, nice word trickery. Sorry, didn't get past me.
Immigration restrictions do not tell businesses who they can hire domestically. That is unless you think the United States is not a sovereign nation or Mexico is part of the US. The government of the United States gets to determine who is allowed to be in the country, not businesses. This has nothing to do with laissez-faire capitalism, yet another straw man argument.