Tag Archive | "smoot hawley tariff"

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Stimulus Ignites Job-Killing Trade War With Canada

The $800 billion stimulus package pushed through by Obama has ignited a trade war with Canada, reports the Washington Post. In response to vague “buy American” provisions in the stimulus, “A number of Ontario towns, with a collective population of nearly 500,000, retaliated with measures effectively barring U.S. companies from their municipal contracts — the first shot in a larger campaign that could shut U.S. companies out of billions of dollars worth of Canadian projects.”

A trade war is also underway…

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Posted in Economy, Employment, Energy, Environment, Global Warming, International, Odds & Ends, Politics as Usual, Stimulus to Nowhere, TradeComments (1)

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The Dishonesty of Poltical Adjectives

The Dishonesty of Poltical Adjectives

Rhetoric is a noble field — the ability to use language skillfully to clarify and justify a policy. But the political use of language is often used In a far less honest fashion. Consider the language of some policy positions advanced today:

Fair Trade: No one likes to be seen as a protectionist.  Protectionism—the idea that a nation should help its own industries by taxing their foreign competitors—is now widely viewed as a discredited policy.  This is largely due to the…

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Posted in Culture, Politics as Usual, Sanctimony, ZeitgeistComments (0)

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