Tuesday, September 30, 2008

Losing Business in an Economic Crisis?

I found an article in the editorial section of the Chicago Tribune titled "Still Waiting". This article talked about how the U.S is currently stalling to close an agreement regarding the trade of nuclear supplies and technology with India. We are stalling because they have not yet signed the nuclear non-proliferation treaty.
The claim of the article was, "There is no excuse for congress to keep sitting on this Deal"

Evidence: "U.S companies will lose billions of dollars worth of business with India if congress can't make up its mind" "Other countries, such as France, stand ready to jump into the void" "The longer congress delays a vote on the agreement, the more time other countries have to swoop in and begin trade with India" It makes no sense for congress to delay the agreement any longer. There is a lot of money to be made in this deal and if congress does not act soon, we will lose the opportunity.

Warrant: "But the approval of the IAEA and the NSG free worldwide nuclear powers to commence nuclear trade with India" Before, the U.S was hesitant to trade because India had not signed the treaty, and that they had tested a nuclear bomb in 1974, but now they can begin trade and it would be perfectly legal.

Appeals: This article as primarily appeals to logos. It simply makes no sense to delay a vote any longer. If the U.S continues to wait, a huge opportunity for business will be lost. It is especially unwise not to take advantage of this opportunity in our current economic state.

This argument seems to be very compelling. Bush has even stated that India has always kept their nuclear technologies safe and secure, so what is the hold up? It does not make any sense to delay this deal any longer. Either we act soon or we lose Billions of Dollars worth of business. The Decision seems even simpler because it would aid our current economic situation.

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