Obama’s policies called “protectionist and silly”
In a review by two UK economists of Obama's support for the "Patriot Employer Act"
"Sen. Barack Obama’s proposal is reactionary, populist, xenophobic and just plain silly. It is time for him to stop pandering and to show the world that hope and reason are not mutually exclusive. Instead of increased protectionism, the United States might increase its competitiveness by sensible investments in infrastructure and education."(The dangerous protectionism of Barack Obama)
I agree with their criticisms. Speculation about WTO compliance is intriguing—but I think the economic penalties would be greater than any legal sanction.
Posted on 02/27 at 10:26 AM.
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