China Quote by Russ Feingold
“One can see the results of those policies in hundreds of communities around my State. As one might expect, our largest communities - places like Milwaukee, Madison, and Green Bay - lost thousands of jobs as a result of those trade policies, most notably NAFTA and permanent most-favored-nation status for China.”
About This Quote
Source Speech: Congressional Testimony on Trade Policy, 2018
Trade policies like NAFTA and China’s MFN status have caused job losses in major Wisconsin cities.
In simple terms: Trade agreements hurt local jobs.
Key Takeaway
Assess trade impacts critically.
Themes
economics
policy
employment
Mood
analytical
concerned
Type
political
economic
When to use this quote
- city councils
- business forums
- job fairs
- null
Key Concepts
globalization
tariffs
labor markets
Questions to Reflect On
- How can affected workers be supported?
- What alternatives exist to protect jobs?
A Different Perspective
Trade benefits may outweigh local costs for some.
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