Second, we are vulnerable to supply shocks, especially food stock and oil prices. Third, the East Asian countries support each other. The G-10 countries coordinate with each other. The Latin American countries are generally supported by North America. We are not members of any blocks.
To be sure, an added few years may enable some workers to reach retirement with dignity, but it will also keep frozen in place younger workers whose opportunities to secure jobs with better long-run prospects diminish with time. I regret that trade policy has been inextricably linked with job creation.