Assessing Threats to the Global Recovery

WALL STREET JOURNAL ^ | November 25, 2003 | GEORGE MELLOAN

[OESY]

Two days after the Bush administration imposed quotas on Chinese-made bras, dressing gowns and knitted fabrics last week, Federal Reserve Chairman Alan Greenspan warned of "emerging protectionism" in America. An election year is coming up and the Bushies have shown themselves capable of playing politics with trade, most notably with the steel tariffs that the World Trade Organization declared illegal this month.

[OESY]

IMHO, free trade generates more jobs than tariffs protect.

[presidio9]

protectionism is a false god

New tagline.

[presidio9]

Opinion nothing. The socialists conceed that fact. The issue for them is whether or not all those new jobs are to be found in Chinese slave labor camps.