Wednesday, October 6, 2010

Memo to Congress: Affordable Imports from China Are A Godsend, Not Grounds for a Trade War

From Jeff Jacoby in today's Boston Globe:

"The policies of the Chinese government make it possible for Americans to acquire a vast array of products at affordable prices. For that high crime and misdemeanor, the US House of Representatives voted last week to punish China.

Affordable imports are a godsend, not grounds for a trade war. It’s distressing that so many members of Congress have trouble understanding that. Maybe a return to private life would help them figure it out."

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