We need exports and imports. We need jobs. And we need more jobs than can be provided by exports. In other words,at a very minimum we need net exports. But we don’t have them. We have net imports. Here’s the problem. In 1993, we signed into law the North Amreican Free Trade Agreement. It broke [...]
Entries Tagged as 'tariffs to create jobs'
November 14th, 2011 · 1 Comment · Capitalism, Corporations and Industry, Human Rights, jobs, Politics, Populism, taxes, The Budget
Tags: Corporate Greed·free trade fallacies·imports from China·making things in China·Smoot-Hawley and its effect on the Great Depression·tariffs·tariffs to create jobs·the China game·The Greed of the Very Rich·trade deficits