Meat of the Argument

I have not read any of Mark Thoma’s links to esteemed academics in this Post, but I have a good Starting Point to advance before reading. Has the Bradford, Grieco, and Hufbauer Study investigated the degree of increase of GDP from Trade through the four methodologies which have been diverted from American Wages into Business Profits, and what Percentage of these Profits has resulted in foreign Investment rather than domestic Investment? There is much acclaim of American exterior investment, but does such investment benefit American Labor, American Taxpayers, or American Consumers?

Without distribution of Profits in the American domestic economy, can there be the distribution pattern division of Gain into Households; this is a Question quite independent of the increased growth of American Households in holdings of Corporate Stock. Dividends do not provision Households with a share in Trade Profitability, as Dividends remain concentrated in distribution of Profits from Consumer Sales; a poor mechanism to enhance American economic growth as it is heavily devoted to reinvestment; such funds quickly diverted Overseas by the Corporate structure. The real economic growth mechanism of foreign trade resides in increased Wages, Salaries, and Bonuses. Economic data indicate that all Three, while they are not on the nominal decline, are suffering from increasing degrees of concentration and enduring an actual Percentage decline of GDP.

I may read the excellent links yet, by I am tired tonight, and will not let my mind be confused with sound rationale and data, even if I may eventually be compelled to read the good stuff. Some, both Learned and Layman, can mark me down as an intransigent ideologue; but hell, as if I cared. No one seems to answer the Questions which I find pertinent. lgl