Question for Lou Dobbs

From a partial transcript of Dobbs's interview with James K. Glassman:

GLASSMAN: So outsourcing, offshoring, whatever you call it, it is always called by something different during different generations -- those are the words right now. But it's trade. And it's good for the Indians and it's good for Americans.

DOBBS: OK. Let's assume that trade is good, because here no one has argued otherwise.

But what we have argued is that trade that is not mutual, mutually beneficial, doesn't make a lot of sense.

If trade not mutually beneficial, then why do businesses do it?

Share this

Glad to see Glassman get

Glad to see Glassman get involved. Not so glad to see Dobbs rely on the "but X million Americans are unemployed!" arguement.

"Let's assume that trade is

"Let's assume that trade is good"

"[Trade that isn't mutually beneficial doesn't make a lot of sense]"

Well he's right about that, and neither does he.

By what conceivable standard could trade be "good", other than mutual benefit?

ny times carried news that

ny times carried news that Catholic bishops
have put pressure on elected officials to abide
by Catholic teachings. would you please comment?