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Current Trade Deficit:   AmericanEconomicAlert.org - Presented by The Robert A. Stranahan Lectures
Free trade encourages outsourcing
Wednesday, April 25, 2007
Alan Tonelson, a research fellow at the U.S. Business and Industry Council Educational Foundation, said the trade agreements should be called "outsourcing agreements," because that's their practical effect.
Tonelson spoke Monday night at the University of Maine and is speaking today at a meeting of the Maine Citizen Trade Policy Commission. The title of his book neatly summarizes his take on free trade agreements: "The Race to the Bottom -- Why a Global Worker Surplus and Uncontrolled Free Trade are Sinking America's Living Standards."

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