Barack Obama and free trade: Economic vandalism
A protectionist move that is bad politics, bad economics, bad diplomacy and hurts America. Did we miss anything?
YOU can be fairly sure that when a government slips an announcement out at nine o’clock on a Friday night, it is not proud of what it is doing. That is one of the only things that makes sense about Barack Obama’s decision to break a commitment he, along with other G20 leaders, reaffirmed last April: to avoid protectionist measures at a time of great economic peril. In every other way the president’s decision to slap a 35% tariff on imported Chinese ... Full Story »
Posted by Kaizar Campwala
I'm getting a bit tyred of the British critiscism of anything that has the potential to change the status-quo -- not that there's much reason to fear...