How Washington works
Foundation for Economic Education
by Sheldon Richman
12/01/06
A recent Wall Street Journal editorial nicely illustrates how Washington works. The Bush administration has been pushing for a measure to 'normalize' trade relations with Vietnam. (Normalize is a Washington term that does not mean free trade.) Congress said no just as President Bush was preparing to visit that country last week, a major embarrassment for the administration. But as the Journal pointed out, '[T]his failure is an even bigger fiasco than it appears because of the White House's pandering to the U.S. textile industry. It's a case study in how protectionists never stay bought'...
http://www.fee.org/in_brief/default.asp?id=953
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Sheldon+Richman
by Sheldon Richman
12/01/06
A recent Wall Street Journal editorial nicely illustrates how Washington works. The Bush administration has been pushing for a measure to 'normalize' trade relations with Vietnam. (Normalize is a Washington term that does not mean free trade.) Congress said no just as President Bush was preparing to visit that country last week, a major embarrassment for the administration. But as the Journal pointed out, '[T]his failure is an even bigger fiasco than it appears because of the White House's pandering to the U.S. textile industry. It's a case study in how protectionists never stay bought'...
http://www.fee.org/in_brief/default.asp?id=953
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Sheldon+Richman
rudkla - 4. Dez, 14:52
