|
Written by Stumo
|
|
Tuesday, 04 December 2007 |
|
The National Association of Manufacturers "Hails Bipartisan Passage of Peru Trade Agreement."
Here is their argument:
Manufactured goods make up two-thirds of U.S. exports, and every
new trade agreement we pass ensures increased market access and more
jobs for American manufacturing workers. Following free trade
opponents protectionist course would rob American manufacturers of the
opportunity to compete in the global marketplace. We cannot remain
world leaders if we shut ourselves off from the world.
There is so much wrong with that argument that it is really good. It has worked for years.
It
is smart because arguing with it is like arguing with a streetwalking
schizophrenic who insists the Neptunians are speaking to him from
special antennae in his shoelaces. Its futile.
Trackback(0)
|
|
In the news
|
The following article was written by Peter Morici, a professor at the University of Maryland School of Business and former Chief Economist at the U.S. International Trade Commission.
The Treasury is injecting another $27 billion into AIG and raising the
taxpayers investment to $150 billon. Secretary Paulson appears more
intent on helping his pals on Wall Street than protecting taxpayer
interests.
|
|
Read more...
|
|