18 Apr 2017 Buffett: Free trade hurts some people, but we should embrace it ( Portfolio )

“If you’ve got something that is a benefit to all of society and it’s going to hurt a few individuals, part of a wise administration of government policy is to make sure you take care of the people who are going to be hurt specifically. Because in a democracy otherwise they’ll get organized. I’ve got every sympathy in the world for the steelworker, but you do not want to give up free trade.”