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

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Review

Jim Lang
3.2
by Jim Lang - Sep. 20, 2009

This is more an opinion piece than new analysis. It starts by making several supported points concerning the protectionist nature of Obama's decision to place a tariff on Chinese tires but then hypes that action as a potential poison pill to all of our favorite diplomatic initiatives. It loses it's punch in overreaching.

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Jim's Rating

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3.2

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