American Protectionism Sends Chill Through Canadian Politicians
Am I surprised that the American President inserted a protectionist clause into the bail out package? Nope, not in the least. I've sensed that this could happen for some time and maybe it's time for Canada to become protectionist as well. It has been said that protectionism caused America to go from a recession to the depression in the 30's. Is it a good thing...maybe, maybe not, read and decide.
Guess he was serious after all when he said he wanted to reopen NAFTA. Or maybe, just maybe, he's going to try to use this as a bargaining chip to get us to stay in Afghanistan beyond our official end date, you think?
Will be very interesting to watch how that will affect his popularity with the Canadian public once they realize that this could really cost them jobs. Remember, 95 percent of Canadians would have voted for him if they could. Canada is America's largest trading partner, I hope he remembers it goes both ways.
He's coming to Canada mid February, should be interesting.
Labels: Canadian Politics