Frank wrote: "Hundreds of good jobs that are now forever lost. Increased efficiency, foreign competition, restructuring. In other works no job no more. A story that repeats acorns this nation. How is Obama going to fix this?"
Import tariffs that level the playing field. Past tariffs that were intended to be protective of slack, lazy businesses were bad. Tariffs intended to keep wealth circulating locally are nothing but good. "Competition" is only fair or sustainable between nations that are at similar levels of economic development. The gigantic error that the "Western" world made in the last couple of decades was the pursuit of the cheapest goods/services, and the most "efficient" systems, without regard to the economic facts that locally produced goods/services (which may end up being, and indeed probably would end up being, nominally more expensive than the foreign/out of state competition) nevertheless end up being better for keeping the local economy going and keeping wealth and where it is generated - which protects jobs. Globalisation was a really stupid ideologically driven move. Nick Palmer On the side of the Planet - and the people - because they're worth it Blogspot - Sustainability and stuff according to Nick Palmer http://nickpalmer.blogspot.com
