``I must give him his due. He has considerably cretinized me.'' Lautréamont

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Sunday, April 27, 2008

Is Trade the Problem? (NYT)

I am astounded to find the NYT on the right side of trade.

But ``solutions'' to what isn't a problem shows that everything goes down the same hole sooner or later on the left.

That means expanding the social safety net to help workers displaced by trade. But a lot more must be done, since the problem far transcends shuttered factories. The government has to invest more in education to help produce better-prepared, better-paid graduates. To help American companies compete, it must invest in better roads and ports and address the country’s health care crisis. And it must move toward more progressive taxation to help redistribute the spoils of growth.


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