Lou Dobbs: Protectionist

Lou Dobbs has put a list of companies up on his CNN site who hire labor overseas. The only purpose of such a list is the encouragement of a subtle boycott. He has included a link to an article at a CNN:Money site that argues against free trade because those who take some part of their operations overseas benefit, while the harm tends to be located here, outside of the business. The author, Rory L. Terry, fails to compare the costs to the benefits outside of the business. Its pretty obvious that there is a benefit to business. They aren't stupid. The real question is whether the cost-benefit to the rest of us favors the practice or not, a question he doesn't address.