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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (29869)11/19/2008 5:41:16 PM
From: Peter Dierks1 Recommendation  Read Replies (1) of 71588
 
Of course a protectionist might say we should just tax Toyota $1000 and give it to detroit. The WTO could probably be forestalled for a few years.

Hussein-Obama may be correct that only through nationalizing Detroit's health and retirement benefits can the disparity be removed without violating WTO rules. Can American afford to subsidize the auto industry. If so for how long?
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