by emersonbiggins » Wed 02 Aug 2006, 17:38:49
Apparently, Stossel's powers of reasoning are pretty weak, or perhaps conveniently 'absent' at times.
Consider this paraphrasing of one of Stossel's "myth-debunking" diatribes about the American economy:
$this->bbcode_second_pass_quote('', 'M')yth #4: Outsourcing Is Bad for American Workers. Stossel found a company in California which was able to add workers after outsourcing much of its work to India, and Tennessee is building a community college on the site of the Levi jeans plant which moved to Mexico--creating jobs building and staffing the college! Besides, American workers can only afford stuff made elsewhere, something Stossel thinks is just dandy, without considering WHY they can't afford domestic stuff. Stossel loves "free trade," ignoring the fact that trade isn't "free" if the workers aren't free to pursue the highest wages in the same way capital pursues the lowest costs. Stossel likes corporations--end of story.
Apparently, this libertarian has no problem masking job losses in the private sector with another layer of bureaucratic spending...
