After my ex-father-in-law's job was shipped down to Mexico, where he was sent to train his replacements, the factory stayed open and he kept a job, but lost his pension. Then two years later, they changed ownership again and he ended up as an elementary school janitor.
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I've heard a variation of this story from many people
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The Adam Smith "followers" seem to leave out the part where gov's hand in things is, to stop "rent seeker" and other monopoly & mkt distortion practice so that competition can thrive. Not protectionism.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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