In comparing our great recession to the Great Depression of the 1930s, I have warned a number of times that one of the things that made that depression much worst than it had to be was a trade war that stopped exports and imports dead in their tracks.
President Obama and most economists have maintained that free trade must be maintained and that protective tariffs are counter productive even though unions see protective tariffs as keeping imports out and therefore preserving domestic jobs. They don’t realize that keeping imports out only causes a direct response from other countries that will now block our exports.
President Obama is going back on his word and doing damage to our economy by starting a trade war with China. He has raised the tariff on imported Chinese tires because the Steel Workers Union asked him to protect domestic tire manufacturing. China has responded by blocking U.S. exports of chicken and auto parts and who knows what else.
It is clear that Obama wants union help in passing his healthcare reform legislation (whatever it is) and he is willing to play tit for tat with union demands. To me this is unacceptable political maneuvering because it is contrary to what is good for our country and our economy; it’s a job killer not a job protector since cheaper tires will come from S. Korea’s Chinese tire manufacturers anyway but U.S. jobs in the chicken and auto parts industries, will be lost.
Quite frankly I am disappointed in how Obama and crew have handled or mishandled a number of important issues and have given the Republicans ample ammunition to use against Obama as someone hell-bent on taking this country into socialism and making poor decisions that do more harm than good.
Giving in to union demands is only alienating more and more of the population since union labor represents only a tiny part of the population and most Americans saw and remember what union greed did to the auto industry which they are now bailing out with their tax dollars.
Obama is not leading. He is not clear about what needs to be done and this is allowing all the bozos in this country to make up preposterous stuff since so few details and facts are available or if available, have been so poorly disseminated among the public that only a few know what is fact and what is fiction.
Obama needs to get his shit together – fast!
President Obama and most economists have maintained that free trade must be maintained and that protective tariffs are counter productive even though unions see protective tariffs as keeping imports out and therefore preserving domestic jobs. They don’t realize that keeping imports out only causes a direct response from other countries that will now block our exports.
President Obama is going back on his word and doing damage to our economy by starting a trade war with China. He has raised the tariff on imported Chinese tires because the Steel Workers Union asked him to protect domestic tire manufacturing. China has responded by blocking U.S. exports of chicken and auto parts and who knows what else.
It is clear that Obama wants union help in passing his healthcare reform legislation (whatever it is) and he is willing to play tit for tat with union demands. To me this is unacceptable political maneuvering because it is contrary to what is good for our country and our economy; it’s a job killer not a job protector since cheaper tires will come from S. Korea’s Chinese tire manufacturers anyway but U.S. jobs in the chicken and auto parts industries, will be lost.
Quite frankly I am disappointed in how Obama and crew have handled or mishandled a number of important issues and have given the Republicans ample ammunition to use against Obama as someone hell-bent on taking this country into socialism and making poor decisions that do more harm than good.
Giving in to union demands is only alienating more and more of the population since union labor represents only a tiny part of the population and most Americans saw and remember what union greed did to the auto industry which they are now bailing out with their tax dollars.
Obama is not leading. He is not clear about what needs to be done and this is allowing all the bozos in this country to make up preposterous stuff since so few details and facts are available or if available, have been so poorly disseminated among the public that only a few know what is fact and what is fiction.
Obama needs to get his shit together – fast!
No comments:
Post a Comment