Read full text: https://voxday.net/2025/03/02/free-trade-is-what-it-is/
My strong and logically impeccable opposition to free trade is well known in these parts. But for my post today on the business stack, I thought it would be interesting to see what my new best friend thought about it.And I was very startled indeed to be informed that neither Ian Fletcher nor I had even begun to complete the dismantling of what has arguably been one of the most damaging ... voxday.net |
To determine how long it would take for the majority of the US labor force under age 55 to be working abroad under a 3% annual emigration rate, we model the outflow using exponential decay. Here’s the breakdown:
Assumptions:
- Annual emigration rate: 3% (0.03) of the remaining labor force each year.
- No return migration, immigration, or changes in labor force size (simplified model).
Answer: Approximately 23 years would be required for the majority (>50%) of the US labor force under age 55 to be working abroad, assuming a constant 3% annual emigration rate.
Deepseek confirms what we already knew from observing the USA and the European Union. Free trade is neither good for an economy or a nation. To the contrary, it destroys both.