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America must resist protectionism by Michael Bloomberg
ft.com — America must resist protectionism. Investing in infrastructure is critical to our nation ’s competitiveness. We need investment in high speed trains in America to reduce our dependency on fossil fuels.
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- jodo201, on 12/12/2007, -0/+1China is finishing what will be the world’s largest airport terminal in Beijing. It is building 20,000km of railway lines and has already built the world’s fastest train, which runs at a top speed of 267mph. These are the kinds of investments we need more of in America.
- americaindanger, on 12/12/2007, -0/+2No, what Mr. Bloomberg means in his pro-globalist article is that we should let our international competition gain advantage over us. Building railways and airports serve no production value for exporting goods to other countries when we are importing 90% or more of what is sold in America. In order to compete, we need to stop allowing foreign imports from running rampant over our own companies.
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