The Australian November 6, 2017, p.1, moans about the world turning in a protectionist direction, while Australia, under Mal turn the Bull, wants to play free trade games. Can I say here that this is like wanting to be a virgin in a … no, my Christian prudery censor software, which I installed to control my use of bad metaphors just kicked in.
Anyway, Aussie households are supposed to have benefitted by $8,500 a year in household incomes from 30 years of free trade. I simply don’t believe it, and refuse to. Before all of this globalist nonsense, families could survive on one wage from dad, the family wage. Now, two parents working barely makes ends meet. US statistic indicate that real incomes have not risen since 1970, and I expect the same is true for Australia.