The Erosion of Consumer Protection
Since the early days of the industrial revolution,
I used to be a supporter of free trade. My belief was that we would lose some jobs but it would be temporary. As world trade expanded, I thought, a large world wide middle class would appear bringing more wealth to the world, increased trade, and eventually more jobs back to the
Now it seems that globalization has allowed corporations that were once held in check by regulations, to go back to the practices of the early 1900s. They seek out countries where they can get cheap labor, child labor, and avoid such nasty things as over-time pay, disability insurance, vacation, health insurance, etc. Or they will try to use illegal immigrants in this country for the same reason.
It seems that another advantage of this globalization is to create or by buy products that are not under the watchful eye of federal consumer protection agencies. Look at recent headlines about imports from
Maybe the federal government needs to setup a more aggressive organization for inspecting foreign imports to make sure they are safe for consumers. Of course the cost of such a program should be covered by a tariff on all imported goods.
- Thomas Paine 2
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