Monday, September 14, 2009

Another Obama policy that smells just like a Bush policy

Tires in 2009 = Steel in 2001.

I predicted this back last November:
6. Increase protectionism for manufacturers, to retain Ohio electoral votes
The whole list of predictions, of which more than half have been now realized, can be found here.

I don't think this move, which results in shutting foreign buyers out of our market for tires, is going to increase jobs or wages in the long term. It didn't work for cars; it's not going to work for tires. But hey, maybe there'll be some nice campaign donations, grassroots organizing, and key electoral votes from special union interests! Another instance where the interests of the White House diverge from the interests of the entire nation, regardless of party.

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