Monday, October 20, 2008

The Obama Protectionist Agenda and the coming Depression

Barack Obama's promise to unilaterally rewrite the North American Free Trade Agreement if Canada and Mexico won't go along with his ideas on labor and the environment has not gone unnoticed in Ottawa. If Canadians are going to have a tougher time selling their goods and services south of the border, who can blame them for looking east -- across the Atlantic to Europe. From an excellent article http://online.wsj.com/article/SB122445840565148489.html

One of the things that led to the Depression was increased US protectionism which damaged free trade severly. Good thing Barry wants to kow-tow to the Labor Unions at the cost of the economy. I know this type of unilateral anti-NAFTA talk which Jim pointed out in his post about the Liberal Super Majority will really help our standing with Canada and Mexico. This is real Change that we can count on! 1930's here we come!

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