buckeye45_73
Lakhota's my *****
- Jun 4, 2011
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Here is an article that promotes globalization, but this is interesting.
The (False) Globalization Narrative | RealClearPolitics
The consequences were predictable. Prices have plunged, as China and others have tried to export some of their surplus capacity. American producers are now, to some extent, protecting themselves by filing trade complaints against steel imports being illegally dumped or subsidized by foreign governments. But this is a short-term expedient. What's needed is a global agreement that reduces the worst concentrations of excess capacity, starting with China. American steelworkers and companies cannot compete against foreign subsidies.
Ok another global agreement, nope, bilateral. Tell the Chinese no more of that shit, and to allow us to bring in products.
The ironic thing is there was nothing other than productivity increase to say how globalization is wonderful.
And for you free traders, if it's just job loss due to automation, why move plants to other countries?
The (False) Globalization Narrative | RealClearPolitics
The consequences were predictable. Prices have plunged, as China and others have tried to export some of their surplus capacity. American producers are now, to some extent, protecting themselves by filing trade complaints against steel imports being illegally dumped or subsidized by foreign governments. But this is a short-term expedient. What's needed is a global agreement that reduces the worst concentrations of excess capacity, starting with China. American steelworkers and companies cannot compete against foreign subsidies.
Ok another global agreement, nope, bilateral. Tell the Chinese no more of that shit, and to allow us to bring in products.
The ironic thing is there was nothing other than productivity increase to say how globalization is wonderful.
And for you free traders, if it's just job loss due to automation, why move plants to other countries?
