Friday, March 19, 2010

Trade: The Free and the Fair

The world is out to get us. Give them an inch and they will walk all over you. In 2002 President Bush passed a steel tariff called the steel tariff act of 2002. (cleverly named) it was meant to save our domestic steel industry from the “unfair” trade of the world. Other nations were undercutting our prices and selling consumers steel that was 30% cheaper. The audacity! Unfortunately for the steel industry the tariff lasted for less then a year because the world trade organization took disciplinary measures. What were they thinking? Don’t they care about our struggling nation? Surly all they were worried about was helping other people and leaving us to hang.

Free trade is one of those things that everybody has an opinion on but no one fully understands. Whether you’re listening to Glenn Beck or Ben Bernanke you’ll find ideas are across the board. What is the big deal with free trade in the first place? Is it damnation or salvation… or maybe a little of both.

2 comments:

  1. I really like your first two sentences.

    ReplyDelete
  2. I really like how you are able to put your voice and personality into the introduction. It makes it more interseting to read.

    ReplyDelete