Read time: 1 minute

Weekend Talk Shows Past - The Leading Question: Trade Debate 1961

(In 1961, one of the culprits looked like this) The eternal trade deficit. Buying imports, manufacturing and outsourcing overseas, imports flooding
Views:

renault-dauphine-1_bde20.jpg

(In 1961, one of the culprits looked like this)

The eternal trade deficit. Buying imports, manufacturing and outsourcing overseas, imports flooding the market, cheap labor, regulations, de-regulation, unions.

In 1961 it was the beginnings of The Common Market. In 2009 it's the European Union. Either one, it's been with us for longer than anyone cares to remember.

And in November 1961, CBS Radio tried to tackle the issue on their Sunday talk program Leading Question.

Guests were Oscar Strackbein and Charles P. Taft, who didn't agree on very much. Even the number of unemployed there were.

Oscar Strackbein: “Let me point out that the problem is not merely that of how many people lose their jobs because of import competition, it is also a question of who is not being employed because of imports. We have over a million new workers coming on the labor market every year. Not to mention a degree of unemployment that is constantly rising after each recession. After we’ve come out of each recession the last ten years we have been left at the peak of prosperity with a higher number of unemployed than before. So today we have what . . five and a half million unemployed . . “

Charles P. Taft: “Four million the last time.”

Strackbein: “Now, I say.”

Taft: “I’m talking about the last figures. Day before yesterday – four million”.

Strackbein: “All right. Then we have made some headway.”

2009 things seem no different . . except the numbers.

Can you help us out?

For 16 years we have been exposing Washington lies and untangling media deceit. We work 7 days a week, 16 hours a day for our labor of love, but with rising hosting and associated costs, we need your help! Could you donate $21 for 2021? Please consider a one-time or recurring donation of whatever amount you can spare, or consider subscribing for an ad-free experience. It will be greatly appreciated and help us continue our mission of exposing the real FAKE NEWS!

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team