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Posted on 11.09.09 by Steve Trinward
“Trade and globalization — when not referencing blockbuster sports transactions or raucous street protests, debates over these abstract terms can give Ambien and Jack Daniels a run for their money as a cure for insomnia. Of course, that’s the problem: the rules governing what we buy and sell are now playing such a decisive role in almost every major policy that we’re falling asleep at our peril. … We know, for instance, how NAFTA-style pacts helped destroy our factory job base. The economics were unabashed and straightforward: By eliminating the tariffs we charged for goods made in countries with negligible wage and human rights laws, Washington removed disincentives for mass offshoring.” (11/07/09) Link: http://tinyurl.com/yglu8ua Filed under: PND Commentary and RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |






