Washington Post: Dorgan’s Book Economically Questionable
An interesting review of Senator Dorgan's new book Take This Job And Ship It in the Washington Post today. It's a welcome departure from the partisan slobbering reviews this book has gotten so far.
Here's my favorite part:
So, if we're to believe what's written here, Dorgan's book is all about politics not actual economics. What Dorgan is suggesting is not necessarily good policy, but it sure will make him look like a nice guy to voters.
Which is about par for the course with liberals these days. For example, rampant social spending isn't good for the country or the poor yet Democrats never hesitate to lambast Republicans with cries of "bread crumbs for the poor" and other such nonsense any time the latter attempts to reign in that spending. Dorgan's book is just another example of that. Knocking the outsourcing of jobs to other countries may make Dorgan look like a champion to people with only a passing knowledge of global economics, but in reality his pronouncements bear little semblence to reality.
Probably the best argument against Dorgan's diatribe about corporate greed and job exportation is the fact that, in the present economic environment that his book has been released into, unemployment is at 4.6%.
Brett Narloch at TakingBackND has more.
Here's my favorite part:
What would happen if the opposition party actually chose to oppose the one in power? Not just on the margins, but by rejecting outright the majority party's fundamental beliefs on trade and tax policy?
Sen. Byron L. Dorgan (D-N.D.) urges Democrats to take on Republicans in just that way in his new book, "Take This Job and Ship It: How Corporate Greed and Brain Dead Politics Are Selling Out America." He makes a politically compelling -- if economically questionable -- case.
So, if we're to believe what's written here, Dorgan's book is all about politics not actual economics. What Dorgan is suggesting is not necessarily good policy, but it sure will make him look like a nice guy to voters.
Which is about par for the course with liberals these days. For example, rampant social spending isn't good for the country or the poor yet Democrats never hesitate to lambast Republicans with cries of "bread crumbs for the poor" and other such nonsense any time the latter attempts to reign in that spending. Dorgan's book is just another example of that. Knocking the outsourcing of jobs to other countries may make Dorgan look like a champion to people with only a passing knowledge of global economics, but in reality his pronouncements bear little semblence to reality.
Probably the best argument against Dorgan's diatribe about corporate greed and job exportation is the fact that, in the present economic environment that his book has been released into, unemployment is at 4.6%.
Brett Narloch at TakingBackND has more.
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