Greenspan IQ query

Doug Henwood dhenwood at panix.com
Fri Apr 7 10:02:15 PDT 2000


Rakesh Bhandari wrote:


>At present, I think US labor is only threatening to close off China exports
>in order to get assurance that China will not prevent US companies from
>importing crucial inputs and repatriating profits and having an actual
>place in its market.

I'm not sure what you mean by this, but my understanding is that U.S. labor wants to suppress competition from a huge workforce that works for pennies, and block membership of a state in the WTO that would forever doom a labor standards clause.

I'm going to be on a panel tonight with Thea Lee of the AFL-CIO, so I can grill her on this, and anything else you'd like me to. Please send some questions.

Doug



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