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Wednesday, July 14, 2010

Import Surge Worries Beltway Observers

“Americans’ resurgent appetite for imports may undermine the Obama administration’s effort to rekindle job growth, with a rise in overseas purchases by American businesses and households undercutting the benefits of increased U.S. sales abroad.” (Washington Post, Wednesday)

The press and politicians still haven’t gotten past the hoary protectionist fallacies.

FEE Timely Classic
“The Fear of Free Trade” by Mark W. Hendrickson