Phoney US job-saviors
China Daily | Updated: 2011-10-13 08:02
THE MAJORITY OF THE US SENATE WHO VOTED for a protectionist bill aimed at the Chinese currency are manifesting their claimed commitment to protecting US jobs.
However, given the dire consequences that will result if the bill becomes law, it is hard to take seriously their self-proclaimed guardianship of US jobs.
If the world's largest economy wants to seek a real and lasting solution to its stubbornly high unemployment, which is an effect rather than a cause of its many domestic troubles, US politicians should stop promoting protectionism.
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