President Obamas threatened “costly” economic sanctions - TopicsExpress



          

President Obamas threatened “costly” economic sanctions against Russia ( buswk.co/1lYCOPd ) are not only an “act of war” (bit.ly/1grVQ93 , bit.ly/1eug69L ) they are a costly blow to innocent American citizens – economic sanctions are a form of belligerence where the relatively small political/ruling class of one nation forcibly prevents its productive class from trading with the productive class of another nation. The productive class within the borders/jurisdiction of both the US and Russia will be forced to forgo mutually beneficial trades, and substitute those trades with less optimal trades, and a corresponding decrease in the standard of living. Not surprisingly, the productive class of the U.S. is somewhat less than enthusiastic: wapo.st/1dTb2is
Posted on: Thu, 13 Mar 2014 05:28:52 +0000

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