Foundation for Economic Education
http://www.fee.org
Union Federation Applauds Tire Tariff
Posted By Sheldon Richman
“As China and some American companies denounce President Obama’s decision to impose tariffs on Chinese tires, the Obama administration can take solace that at least one important Democratic constituency is enthusiastically applauding the move…. Thea Lee, the labor federation’s [AFL-CIO] chief economist, praised Mr. Obama’s decision, saying it would help preserve American manufacturing.” (New York Times [1], Tuesday)
A trade war will do wonders for employment.
FEE Timely Classic
“Protectionism and Unemployment” [2] by Hans F. Sennholz
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/union-federation-applauds-tire-tariff/
URLs in this post:
[1] New York Times: http://www.nytimes.com/2009/09/15/business/15labor.html?ref=todayspaper
[2] “Protectionism and Unemployment”: http://www.thefreemanonline.org/columns/protectionism-and-unemployment/
Click here to print.
Copyright © 2008 Foundation for Economic Education. All rights reserved.