Argument: Free trade increases the purchasing power of workers

Issue Report: Free trade

Argument summary

While free trade can cause lay offs, its general effect on middle-income workers is to increase their purchasing power, enabling them to live better lives. Almost all economic models demonstrate that free trade causes a general reduction in the price of goods available to all participating countries and citizens. This means that a middle income worker in the United States can pay less for the goods that he or she purchase from, for example, Wal-Mart. This allows that middle-income worker to spend less on daily goods, save money, and improve their standard of living.