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Reply #34: Right now [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Nicholas_J Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-02-04 12:59 AM
Response to Reply #32
34. Right now
Effective today, the E.U. has put santions into effect which will cost the U.S. 300 million in trade this year and double to 600 million next year, for far less protectionism than Kucinich is suggesting. This alone will likely result in several hundred thousand jobs more being lost over the next 18 months. Kucinich's suggestions for bi-lateral trrade will resultin complete stoppage of European trade, as Europeean nations cannot engage in bi-lateral trade and remain in the E.U. All much treaties must be made through the E.U. alone.

All based on the WTO declaring U.S. tax laws that favor U.S. businesses to be illegal subsidies. The "PROCTECTING" of jobs which are being said to not be protectionist will result in far more severe sanctions being placed on the U.S. Costing more jobs. As Kerry has said, there is only so much we can sell to ourselves, and sanctions by other naitons who we sell more to will always result in manufacturers going out of business and jobs being lost.
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