[Eamon Fingleton's] earlier book, Blindside: Why Japan Is Still on Track to Overtake the U.S. by the Year 2000, was named one of the Ten Best Business Books of 1995 by Business Week
Free trade benefits american investors at the expense of american workers. However, the process of globalization is unstoppable and it's utopian to think that much can be done to help either the American worker or the environment until the process of worldwide equalization of standards, living conditions, and legal structures progresses much further than at present.
Yeah! And it turns out that the Earth is really flat, afterall.
Unfortunately, freepers are biologically unable to admit that free trade is contrary to conservatism.
The many now-bankrupt American workers who lost their jobs and their homes can attest to this fact as they're struggling to pay their bills.
I don't hear much concern for American workers in Washington, they're too busy importing more foreigners to do American jobs.
Ping for later reading.
A good parallel article is: "Benedict Arnold?(Outsourcing U.S. Jobs)"
Placemarker *Bump*
Unless we set out to develop a new energy source other than oil, there will be war over oil in the next few years.
We have sewn the seeds of our destruction...China now has our technology to send missiles accurratley to our shores due to the Clinton administration.
We will pay for our stupidity.
Not that anyone will understand or agree with me, I post these reiterations "on the record" mainly for my own entertainment so no one in the "aftertimes" will accuse me of "Monday Morning Quarterback Syndrome"
Best regards,
Unemployment is a natural result of outsourcing. What did the Yokels in Washington think would happen with NAFTA and GAT? Professor Samuelson makes perfect sense.
Samuelson is not an economist. He is a Keynesian and therefor a fantasist who specializes in dreams of government omnicompetence.
They may laugh at Lou Dobbs, but I think he's more right than wrong on this particular issue. I just hope someone wakes up before it's too late and does re-evaluate this. One reason I think a NRST could help return some sanity -- if it really does lower cost of goods sold -- and we get some sort of tort reform and even do something about OSHA we could potentially start to remove some jobs back to the USA.
Slavers love "free trade".
bump for later...someday
I'm reading your post late.
What a lot of people don't understand is that conventional wisdom changes. The change is a result of applied wisdom. Meaning, what was smart ten years ago may not be smart now.
It's amazing to see how people cling to their ideas, even after the ideas have been disproven and new thoughts emerge.