Posted on 06/13/2009 4:03:04 PM PDT by newbie2008
When he voted for the Obama stimulus, Arlen Specter effectively signed the pink slips for 600 jobs in Pennsylvania. From the Canadian Press:
As many as 600 steelworkers in Pennsylvania, whose union lobbied for the Buy America law, are slated to lose their jobs at Duferco Farrell after the company lost orders from its biggest customer because some of its goods are partly produced abroad.
Like to know how this works: “Buy American” costs U.S. jobs, so therefore buying crap from China no doubt increases U.S. jobs???
Sounds like an agenda-driven press release, not a data-driven one.
You no doubt already know this...but it encourages all national economies to contract or cease free trade and that brings about a global contraction in the movement of goods and capital.
Google the Smoot Hartley Act.
Nothing can be determined from that one paragraph lifted from an article full of generalities.
Ping.
LOL! Brilliant! Didn't see that one coming, huh?
“Nothing can be determined from that one paragraph lifted from an article full of generalities.”
Sure you can. ;)
It’s from a Canadian source. Biased.
It’s from Club for Some People’s Growth. Unreliable.
It does not explain how the extra stimulus spending rules effect jobs for other products and contracts not related to the stimulus. In fact, because it purposefully muddies that, it can be taken to be bunk.
The problem is that many “US” companies do not use American components. Therefore, they can’t meet the “buy america” provisions of the act, and so they lose the orders.
Even the excerpt is clear enough — the company in question can’t sell their products under the buy-american provision because they use raw materials they get from non-US sources.
We all intrinsically understand that different people have different strengths (and assets) and that combining them in a team makes the whole much greater than the sum of the parts.
Countries also have different strengths and assets and when they share with each other by trading, the world economy is much stronger...and each country benefits according to their contribution.
No, it simply means that the "Buy American" provision cost jobs, in this case.
You can call it "government meddling costs jobs," or "government meddling often has consequences opposite its intent," if that helps.
Got that right. Global communists, masquerading as conservatives.
There seems to be a lot more to this story. This company is a joint venture between a US and Russian firm. The steel slabs they normally use are shipped from a plant in Russia, but there are several plants in the US that could supply the steel so that DF could supply products that meet the Buy American guideline for stimulus projects.
//www.steelguru.com/news/index/2009/05/17/OTQ3MDQ%3D/Duferco_Farrell_says_the_Buy_American_provision_doom_its_business.html
http://www.usw.org/media_center/news_articles?id=0315
This company basically wants to continue using steel slabs shipped from the Russian plant of the Russian part owner of DF.
Actually the same information was in an editorial in the NYT on June 3. It included other examples of jobs lost.
LOL--they might have heard of the Club for Growth, but they haven't listened. Look into my eyes and repeat after me: "the Buy American legislation saves jobs, the Buy American legislation saves jobs, the Buy . . . ."
In any case, the following editorial was more comprehensive:
Steel's 'Buy America' Ploy (How to turn recession into a depression.)If you read the comments that follow, you'll see the same sort of denial exhibited in places above on this thread.
Small government conservatives are now communists? Does that make a big government guy like you a conservative?
The CFG is merely pointing out the obvious. When government inserts itself into the equation, in an effort to do good, no one should be surprised when it doesn't work out as planned. Now some people here, who have never learned this lesson, are demanding more government action to correct the government action that got us into this mess in the first place. They call themselves, among other things, true conservatives.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.