WSJ/NBC poll finds American voters (Republicans and Democrats) against outsourcing and import of cheap labor
Harish Baliga
Oct. 3, 2007

A fight between rich special interest and common people has finally started. The WSJ/NBC poll finds American voters (Republicans and Democrats) against outsourcing and import of cheap labor. They do not believe that free trade is beneficial to US economy.

It took almost twenty years for the moderate and conservative Americans to understand that free trade cannot happen unless other country play a fair game. America has always played a fair and open game in the area of international trade. But other countries have continuously kept their currency artificially lowered to gain unfair advantage in trade.

Chinese Yuan is artificially lower by 60%. Japanese Yen must rise 70% against dollar to bring parity in trade. Indian Rupees is lower by no less than 40%.

Think about GM and Toyota. Toyota gains from artificially kept lower yen. It avoids the legacy cost in America – the health care cost of the retiree. What kind of fair game is it?

When TCS and Infosys of India offers to employ computer programmers paid at less than $10 per dollar, what kind of fair trade is it?

When China keeps dodging parity in currency values and abuses the environment, what kind of fair trade is it?

It is time for awakening. It is time for bringing parity and fairness in international trade.

WSJ/NBC poll finds American voters (Republicans and Democrats) against outsourcing and import of cheap labor
Harish Baliga
The WSJ/NBC poll finds American voters (Republicans and Democrats) against outsourcing and import of cheap labor. They do not believe that free trade is beneficial to US economy.
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