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Another view on trade.(Letters To The Editor)(Letter to the Editor)
I just opened the January l0 issue of THE NEW AMERICAN and read the letter to the editor" rebutting William F. Jasper's article "Foreign Nations Target U.S. Steel" (November 29, 2004 issue). Jonathan Ingram, the author of the letter, does indeed present an interesting point of view. However, there is a very simple principle that he has overlooked. This one principle seems to escape all those who present similar "open border" points of view. That principle is that real economic wealth comes from converting raw materials into finished products for which a demand exists. Domestic manufacturing is the foundation of domestic wealth.
It is true that imported steel benefits American consumers of steel--in the short run. But what is routinely overlooked is that no wages are paid to Americans, and no wealth is built in this country, from a steel manufacturing industry that lies across the ocean. This leads to dwindling purchasing power amongst steel workers. If manufactured domestically, steel prices would increase. But so would the number of ...
- Westpac buys BT Funds for $3.8b Purchase cements lender's fourth position in...
- News wire article from: Asia Africa Intelligence Wire August 27, 2002 700+ words
(From South China Morning Post) Byline: AUSTRALIA Lachlan Colquhoun in Sydney Westpac Banking has made its third funds-management acquisition this year, paying A$900 million (about HK$3.81 billion) for leading domestic operation BT Funds Management. With almost A$20 billion under management through
- Expert: More High-Paying Jobs Needed.
- Newspaper article from: Albuquerque Journal (Albuquerque, NM) November 25, 1997 700+ words
...work harder at bringing in better-paying jobs to reverse an alarming drop in household...reserved for companies that offer higher-paying jobs. "I don't think we've had that...per year. But the growth of lower-paying jobs is outstripping the increase in choice...
- Kerry Talks Good-Paying Jobs in PA and WI; Receives Endorsement of 10 Noble...
- News wire article from: The America's Intelligence Wire August 25, 2004 700+ words
...his plan to create quality, high-paying jobs, which have disappeared at an alarming...Kerry pledged today to create good-paying jobs by cutting taxes, reining in spiraling...millions of high-quality, good-paying jobs in America. They will end tax breaks...
- Utah's High-Paying Jobs Likely to Return Slowly, Experts Say.
- Newspaper article from: Knight Ridder/Tribune Business News February 16, 2004 700+ words
...Utah lost more than its share of good-paying jobs during the last economic downturn...different careers or have accepted lower-paying jobs to support themselves and their families...lingering, such the thousands of good-paying jobs lost when Geneva Steel shut down in...
- Development Agency Accused of Bringing Low-Paying Jobs to Pueblo, Colo..
- Newspaper article from: Knight Ridder/Tribune Business News Norton, John July 15, 1999 700+ words
...markets the city as a place for low-paying jobs filled by unskilled workers, during...criticism of PEDCo is that it bring low-paying jobs to town. Pueblo got used to high Steelworkers...saying Pueblo can't attract high-paying jobs because it lacks a trained work force...
- How can we lure high-paying jobs?(EYE ON THE PIE)
- Magazine article from: Indianapolis Business Journal Marcus, Morton December 15, 2008 700+ words
...Economic developers want to bring high-paying jobs to their communities. The boards of the development agencies also want high-paying jobs. Their consultants have sophisticated...happiest if the firms with new high-paying jobs proved to be those already in the area...
- More workers find circumstances forcing migration towards lower-paying jobs.
- Newspaper article from: Salt Lake Tribune (Salt Lake City, UT) January 10, 2005 700+ words
...personal reversals and the loss of high-paying jobs are all too common in U.S. Bankruptcy...suggest that a migration toward lower-paying jobs contributes to Utah's high bankruptcy...200 positions were among the lowest-paying jobs. Retail sales, cashier, fast food...
- EDITORIAL: Pima needs good companies and high-paying jobs: Our view: Census...
- Newspaper article from: AZ Daily Star (Tucson, AZ) September 3, 2007 700+ words
...argument. What comes first, well-paying jobs or a well-educated community? The...efforts to bring good companies and high-paying jobs to Pima County. Meanwhile, local schools...career-path infrastructure for good-paying jobs in this community. I think that will...
- Where are the best-paying jobs?(EYE ON THE PIE)
- Magazine article from: Indianapolis Business Journal Marcus, Morton February 5, 2007 700+ words
...of residence. Where are the best-paying jobs? The answer is, as it has been for...from here on. In 2005, the highest-paying jobs were in the northeastern part of the...as a state. Where are the highest-paying jobs in Indiana? Surprise, they are in...
- Illinois Lagging Nation in Job Growth, Good-Paying Jobs.
- Magazine article from: The Bond Buyer Shields, Yvette December 6, 2007 700+ words
...job growth and faces a decline in good paying jobs, which in turn is driving median income...experienced the replacement of higher-paying jobs, especially in manufacturing, with...sector positions. Since 2001, higher paying jobs have grown by 1.7% compared with...
Source: HighBeam Research, Another view on trade.(Letters To The Editor)(Letter to the Editor)