Archive for the ‘trade issues’ Category

Effects of Free Trade/Safety Net

Tuesday, October 28th, 2008

The effect of free trade policies that result in outsourcing and loss of American jobs does not create a moral imperative to have public policies [a safety net] put in place to help those who have lost their jobs. This is the view of Steven. E. Lundsburg, What to Expect When You’re Free Trading. NY Times op ed 1/16/2008. He writes, “if the world owes you compensation for enduring the downside of trade, what do you owe the world for enjoying the upside.” He feels that lower prices for goods due to free trade policies trump other values. These would include the moral values that IPPA espouses. (more…)