Saturday, March 6, 2010

Lobbyist Hacks

This Op-Ed points to what the authors perceive as an issue with government statistics of productivity, but then make no sense:
Above all, if offshoring has been driving much of our supposed productivity gains, then the case for complete free trade begins to erode. If often such policies simply increase corporate profits at the expense of American workers, with no gains in true productivity, then they don’t necessarily strengthen the national economy.

Please note the use of the word "necessarily." So, the others are raising doubts about one aspect of the case for free trade, but not disproving, and then arguing in favor of a shift toward closed markets. The authors work for a small manufacturer's lobby, so it's all understandable, but they are also hacks who are parsing words.

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