For Those Searching For A Scapegoat
By Pejman Yousefzadeh Posted in Economic Growth | Economy | Free Trade | Protectionism — Comments (2) / Email this page » / Leave a comment »
I understand that economic downturns make people grumpy. And I understand that grumpy people are on the lookout to take their anger out on someone or something. And I understand as well that anger stemming from the current economic downturn may well be focused towards free trade, with demagogues like Lou Dobbs explaining why free trade is likely the cause of all our economic problems--not to mention the reason why you had to have a root canal last week.
Trouble is that blaming free trade for the current economic downturn is precisely the wrong way to go. Daniel Griswold explains why.
Betcha his writing won't land him as a guest on CNN anytime soon. It may be just as well. Lou Dobbs doesn't take well to people who don't mindlessly parrot his party line, after all.
« As Glenn Reynolds Would/Eventually Will Put It . . . — Comments (1)
For Those Searching For A Scapegoat 2 Comments (0 topical, 2 editorial, 0 hidden) Post a comment »
will dictate to us what is available when we go to the stores and how much we pay for it? Worked like a charm in Zimbabwe...
"I believe we must adjourn this meeting to some other place." - The last recorded words of Adam Smith.
Another, in the long list of cable talking heads, that should be ignored due to lack of critical thinking and balanced judgment. He's not far behind King, Olberman, Matthews and company.