More people should be outraged over the fact that the Obama Administration has settled into a default protectionist stance on the issue of trade. Restricting trade will do nothing whatsoever to improve our economy; if anything, protectionism only increases the chances that we will experience a double-dip recession. And yet, the Obama Administration does not seem to be willing to do anything in order to further the process of trade liberalization.
Building an economic Fortress America has never brought us prosperity in the past. It is impossible to see how it will bring us anything resembling prosperity in the future. And it is impossible to see how an administration that says it is committed to improving the economy could be taken seriously when it allows protectionism to run rampant in U.S. trade policy.
November 19, 2009 – 7:29 pm
Asian leaders prefer Bush trade policies to Obama trade policies.
By Pejman Yousefzadeh
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Posted in Blogs, Chequer-Board
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Also tagged Asia, Barack Obama, Economic Ignorance, economy, Foreign Affairs, Foreign Relations, free trade, Obama Administration, protectionism, Trade Policy
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November 17, 2009 – 9:32 am
Is America becoming more like China under President Obama? Or should we be upset that it isn’t? We’ll talk about the President’s jarring diplomatic trip to Asia and how the markets responded to Ben Bernanke’s New York speech on today’s Coffee and Markets.
By Francis Cianfrocca
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Posted in Features, Podcasts, Politics
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Also tagged Barack Obama, China, Coffee and Markets, Economics, foreign policy, Hu Jintao, Podcast, Podcasts, Tibet
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August 21, 2009 – 12:13 am
Sigh. I expected better from people who (rightly) complained about the “Buy American” provisions in the stimulus package.
August 12, 2009 – 6:06 pm
Honestly, I do. It’s a dirty, disgusting habit.
In shocking news, protectionism still doesn’t work:
The outbreak of swine flu that is now being reported in the news is a novel event, which means that there is a whole host of speculation concerning the nature of policy responses to it.
