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Monday, March 03, 2008

Joe Klein's globalization without trade:

Joe Klein, NAFTA fan, writes:
There isn't all that much that can--or should--be done about a 15-year-old trade deal that has had only a peripheral impact on the economy creating about as many new jobs as were lost, according to most economists.
Okay then. If many people think it's bad, and since it's had so little impact, then why not ditch it?

He also writes:
The manufacturing job losses were a consequence of technological progress and globalization, not trade.
Apparently in Joe's universe, "globalization" doesn't involve trade. That makes no sense at all. Globalization's very nature involves trade in goods and services.

Joe seems to be wandering into Cokie and Steve Roberts' territory.



2 comments

Go Whigs!!!!

By Anonymous Anonymous, at 3/04/2008 3:16 PM  

The manufacturing guys over at Evolving Excellence have an interesting perspective on globalization and manufacturing, using an example of how it impacts small cottage industries in the hill towns of Tuscany, Italy.

http://www.evolvingexcellence.com/blog/2008/03/globalization-a.html

Ken

By Anonymous Anonymous, at 3/15/2008 6:15 PM  

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