http://money.cnn.com/2008/06/16/news/economy/obama_economy/index.htmDuring his speech in Michigan, a state hit hard by the decline of the American automobile industry, Obama also rejected protectionist trade policies that many unions say would help protect American jobs, saying "it is impossible to turn back the tide of globalization."
Obama said he disagreed with those who want to "build a fortress around America; to stop trading with other countries; shut down immigration; and rely on old industries."
"Not only is it impossible to turn back the tide of globalization, but efforts to do so can make us worse off," Obama said. "Rather than fear the future, we must embrace it. I have no doubt that America can compete - and succeed - in the 21st century."
In a statement, a McCain spokesman attacked Obama's plan, saying that the Democrat's "agenda to raise taxes and isolate America from foreign markets will not get our economy back on track or create new jobs."
"To help create jobs in America, we need to lower taxes and open up foreign markets to American goods," McCain spokesman Tucker Bounds said. "Americans cannot afford Barack Obama's 'change' that takes us back to the failed policies of the past."
I agree that we cannot stop globalization.
But does Obama mean real globalization (expanding), or offshoring (migration)? There
is a difference.
And for it all being Democrats raising taxes, I know a staunch Republican, who's involved in many tax watchdog organizations, who thinks the answer to leveling the playing field is to impose tariffs on offshored labor. In turn, we'd be making more in America.
A Republican advocating taxes, to even out the playing field? WWMcD? :wow:
Let me know if either candidate will acknowledge that idea, or at least say why the idea is wrong. Mindsets can change with the input of information.