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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (31007)1/2/2009 4:33:02 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
Yes, I saw that this morning....

(IMO, more *protectionism* is NOT what we need.)

A 'stimulus' by spending aggressively (counter-cyclical to our current massive economic downshift) on NEEDED INFRASTRUCTURE whose funding has lagged behind in recent decades (roads, bridges, rail, long-distance high tension transmission lines, updates to the Internet backbone, etc.)?

Well... that's just smart timing... so long as the projects are economically worthwhile.

But tossing mandatory "buy only in America" rules on all the steel or cement or wire purchases would just be CRAZY.

For one thing --- it would totally KILL all stimulus effects (if not worse...) because our spat of protectionism would be *immediately* followed by China, Europe, etc., etc., and we would be worse off then effer.

Steel SHOULDN'T NEED any particular tariff protection anyway. The product's WEIGHT mitigates against a whole lot of long-distance shipping....

(But, you are right... 'pigs will be pigs'. :-)

Now, as far as the corporate farming government/industrial complex... don't get me started. <GGG>