Preach on, Sen. Hollings
Following up on Andy's post from last week. Caught the Moyers program with former South Carolina Sen. Fritz Hollings via podcast earlier this week. The senator offered some strong words about free trade vs. fair trade.
You put in a trade bill and down on your head comes The Wall Street Journal and the big banks and The Business Round Table and The National Chamber of Commerce and the National Association of Manufactures they're not for domestic. They're for Chinese and Indian manufacturer even The National Chamber of Commerce is not worried about Main Street, Peoria, Illinois; Main Street, Shanghai.
You see, Henry Ford built up the middle class along with organized labor. He said I want the fellow making the car to be able to buy the car. So, he doubled the minimum wage. He put in health care and retirement costs and everything else of that kind, benefits. And so we had a good working relationship between labor and that-- now, all of these trade agreements for the investors to protect their investment in China and India, but, uh-uh forget about labor.
There's more at Moyers' Web site.
Labels: Bill Moyers, politics, trade

