Friday, June 24, 2016

U.S. Workers Lose With Brexit Yet Trump Cheers

WaPo: The critical fact Trump forgot in his viral speech on Brexit By Max Ehrenfreund
When other currencies become less expensive relative to the dollar, as was the case with the pound Thursday night, Americans benefit in other ways. Goods produced abroad become cheaper, meaning reduced prices at department stores and groceries. Yet U.S. manufacturing and U.S. workers, whose interests Trump has pledged to champion on the stump, lose business.

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