"The Trump Administration and I are here to make a very clear point—globalisation has failed the West and the United States of America. It’s a failed policy… and it has left America behind.
"America is done exporting jobs and offshoring its future. We will no longer give in to globalisation.”~ Trump's Secretary of Commerce Howard Lutnick at the World Economic Forum“'Globalisation has failed' claims Trump’s Secretary of Commerce at Davos."Give me a break. Global free trade hasn’t failed. It helps America PROSPER."~ John Stossell"Everything Lutnick said in that statement is wrong, but the biggest flaw is that the US has somehow been 'left behind.' The US continues to enjoy one of the highest standards of living in the world, and it has been rising in the Age of Globalisation too (whenever you define it)."~ Jeremy Horpedahl"The US since 1990:
- Real GDP per capita: +68%
- Real median wages (PCE): +34%
- Infant mortality: -42%
- Life expectancy: +4 years
- Nonfarm employment: +46% (50M jobs)
- Median household wealth: +128%
- Industrial capacity: +76%"
~ Scott Lincicome
Thursday, 22 January 2026
"Other countries are not ripping off the US on trade"
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