History Repeats Itself With Protectionism

[nateriver]

Protectionism

“Protectionism Rears Its Ugly Head in Energy and Water Appropriations Bill
Despite being warned of how U.S. protectionist legislation could spark a trade war, an amendment offered by Rep. Larry Kissell, (D-NC) was inserted into the Energy and Water Appropriations bill specifying that the General Services Administration can only purchase vehicles manufactured by Ford, General Motors or Chrysler. The bill, including the nasty one-line amendment, passed in the House on a 261-172 vote Wednesday.”

 

[Toro]

Yeah, its not particularly good.

 

[editec]

'Bout fucking time.

A trade war, says you?

We've been in a trade war for decades and we've been losing it.

We need to change our tactics.