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Assessing Threats to the Global Recovery
WALL STREET JOURNAL ^
| November 25, 2003
| GEORGE MELLOAN
Posted on 11/25/2003 6:12:12 AM PST by OESY
Edited on 04/22/2004 11:50:28 PM PDT by Jim Robinson.
[history]
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.
(Excerpt) Read more at online.wsj.com ...
TOPICS: Business/Economy; Editorial; News/Current Events; Politics/Elections
KEYWORDS: bush; china; commerce; cpi; dollar; economy; globalview; greenspan; inflation; protectionism; snow; tariffs; trade; tradedeficit
IMHO, free trade generates more jobs than tariffs protect.
1
posted on
11/25/2003 6:12:13 AM PST
by
OESY
To: OESY
protectionism is a false god New tagline.
2
posted on
11/25/2003 7:06:40 AM PST
by
presidio9
(protectionism is a false god)
To: OESY
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.
3
posted on
11/25/2003 7:08:03 AM PST
by
presidio9
(protectionism is a false god)
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