Six Reasons for U.S. to Abandon Free-Trade Myth: Ian Fletcher

The price of living in the fantasy world of free-trade economics continues to rise for America.

Failure to recognize the pitfalls will probably mean a continuing struggle to emerge from recession, as much U.S. domestic demand leaks abroad due to the trade deficit, rather than being recycled at home. And America will continue to lose key industries: not just the primitive ones a developed nation should shed, but the high-tech jobs of the future.