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The Fair Trade Fraud: How Congress Pillages the Consumer and Decimates American Competitiveness Paperback – August 15, 1992
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From Library Journal
Unlike other books that discuss America's foreign trade policies, Bovard's work looks critically at these policies and how they directly and adversely affect U.S. consumers. Stating that "fair trade consists largely of the U.S. government devising new ways to protect American consumers against the scourge of low prices," Bovard gives specific examples that illustrate his claim that U.S. consumers are forced to pay higher prices for many goods because of our protectionist foreign trade policy. Writing from the viewpoint of one who has investigated and reported on the inconsistencies and hypocrisies in government practices, he makes his position quite clear--the government decides what consumers may buy by levying stiff tariffs on and restricting imports of many foreign goods. A disturbing work on a timely topic. Recommended for public and college libraries for existing foreign policy collections.
- Lisa K. Miller, American Graduate Sch. of International Management Lib., Glendale, Ariz.
Copyright 1991 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
“A disturbing work on a timely topic.” ―Library Journal
“Bovard offers a smashing condemnation of American trade policy and exposes the corrupt core of protectionism and the absurdity of Congress making trade more 'fair' by making it less 'free'. . . . (shows) how arbitrary and ultimately counterproductive and restrictive our trade practices are.” ―The Wall Street Journal
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Top Customer Reviews
Like me, Bovard has been in the trenches and seen trade issues in Japan face-to-face. If you are willing to discard your media managed notions about how Japan cheats and is unfair on trade and look at the whole picture, this book is well worth the read.
Bovard is neither an apologist nor a basher, but I'll guarantee that if you read this book, you will never look at trade issues in the same way again.
"Fair Trade" that began in the late 70's (when our factories moved overseas due to trade agreements and lowered tariffs) then culminated with NAFTA, was one of the MAIN reasons for the economic WASTELAND you see America in today. And the public is so brainwashed by the mass-media and dumbed down by our bad schools that they think America is still "great". Folks, it's not. America is a virtual 2nd World nation now. Most of our wealth has been transferred overseas and our Dollar's value is shrinking through inflation and the U.S. Govt has no spending power yet continues to borrow money it can't pay back (because the Govt surrendered American sovereignty and our businesses to Globalism and as a result, destroyed America's wealth).
James Bovard's book today is a chance for people to look back into the past and see that someone actually did tell the truth and laid out the consequences of the criminal policies our "Elected Masters" drew up in the back room to rob America blind/Sell-out America through a phony swindle called "Free Trade".
Once again, the points here are excellent but the book isn't. First, Bovard is prone to blanket statements and polemics like "The U.S. International Trade Commission is a loose cannon on the shipdeck of the American economy." Worst of all, Bovard's main point of argument is the fact that there are thousands of extremely arbitrary and unfair trade sanctions in US trade relations. That's good to know, but Bovard apparently feels the need to explain just about every one of them in a ridiculously repetitive fashion. Bovard's main points could be made much more effectively in an in-depth magazine article, rather than a rambling 300+ page book that becomes a never-ending and mind-numbing list of numbers and regulations. Bovard apparently doesn't notice that he makes the same point several hundred times. [~doomsdayer520~]