WARREN: "For decades, leaders of both parties preached the gospel that free trade was a rising tide that would lift all boats. It's great rhetoric, except that the trade deals that they negotiated mainly lifted the yachts and they threw millions of working Americans overboard to drown. Yeah.
(Applause)
Policymakers were willing to sacrifice American jobs, not their own jobs of course, but American jobs in return for boosting sales at Walmart and gaining access to consumer markets around the world. Washington had it all figured out, and this confidence spilled over into more than trade deals. Champions of cutthroat capitalism pushed former Soviet states to privatize as quickly as possible, despite the enormous risk of — "