Monday, June 8, 2009

What were we expecting to happen?

From The Associated Press:

WHISTLER, British Columbia (AP) — Canadian mayors have passed a resolution that would potentially shut out U.S. bidders from local city contracts.
The resolution is in retaliation to "Buy American" provisions in President Barack Obama's stimulus bill. Mayors voted 189-175 to approve the resolution at the Federation of Canadian Municipalities conference in Whistler, British Columbia.
The resolution says the federation should support cities that adopt policies that allow them to buy only from companies whose home countries do not impose trade restrictions against Canadian goods.
The mayors also voted to hold off on any action for 120 days while Canada is negotiating a possible compromise with the U.S. government.

Canada's reaction to the "Buy American" provisions in the porkulus plan is, of course, an irrational response to our stupidity. Economies prosper when consumers are protected, not producers.
But still.... what kind of response was our Doofus In Chief expecting?
Hit the Protectionism label below if you want to read several dozen rants on the same topic.

No comments: