[quote=Scarlet]The Government is afraid of setting off an international chain event of protectionism.
In economic depressions protectionism always comes up. I for one think its about time. We have been giving the world “trade charity” for decades and we simply can’t afford it anymore. Both in the costs to our national debt and the costs to our job base.
Toss a $4k per imported car tarrif up and see if GM and Ford don’t get better. That is the idea right? For them to get better and be able to start hiring again? And certainly make that tax deduction US built cars only!
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What trade charity? How about building better products? Oh my…I never understood this. Folks that on one hand talk about curbing imports, and then on the other hand go to walmart and buy everything import. And no, I don’t consider folks “not having a choice”. The choice can be simple. Curb unecessary spending….The problem is is as much with american consumers as from commerce itself. Americans demanded getting more by paying less, and that’s exactly what happened.
Folks dug their own grave.