Of the hundreds of short-sighted and regressive attachments to the trillion dollar burning bag of shit that has been left at the taxpayers’ doorsteps, perhaps nothing is more profoundly stupid than the “Buy American” requirements attached to the infrastructure projects.
Obama says the stimulus package, supported by unions, could create more than three million jobs.
One can only imagine the drunken cheering in VFW and UAW halls across America as this parasitic attachment began sucking the life out of an already badly damaged recovery plan. As these dinosaurs proudly exclaim, “Fuck them right in the wallet!,” our foreign competitors are continuing to outpace and outperform American manufacturing despite a plethora of regulatory hurtles and punitive tariffs.
“Since 95 percent of the world’s consumers live outside the United States, American workers would be the first to suffer as ‘Buy American’ provisions trigger retaliation by other countries — that is, ‘Buy German,’ ‘Buy Chinese,’ and so on,” said Chris Braddock of the US Chamber of Commerce.
“We certainly aren’t against companies and governments ‘Buying American,’ but we are against the government arbitrarily mandating such a requirement, because it would harm our economy in numerous ways,” Braddock said, citing the trade wars that eventually sparked the Great Depression.
Oh, snap! The Great Depression. We don’t want that again, do we? Unless it could be used for political advantage and the government-led “mobbing up” of failing businesses.
And Obama’s not done yet:
The next day, the Obama administration branded China a currency manipulator, setting the stage for a trade war with the Asian giant which has overtaken Japan as America’s biggest foreign creditor.
China is already one of our biggest creditors. I’m sure it makes sense to piss off our largest debt holder with protectionist policies. Not to mention the damage done to our American exporters, who may find themselves without a market as their former customers decide to buy locally.
The most unsettling aspect of all this?
This was signed off on by our first multicultural president. The man who was supposed to bringing positive change and sending notice to the world that this wasn’t the same old USofA.
It really does nobody any good to be the first black president and a young go-getter if some of your first acts are to protect the interests of corrupt and outdated unions, whose only motivation is a steady stream of union dues.
Obviously, a platform relying on the unquantifiable term “change” allows you to keep your promises even if nothing is different than the nameplate on the Oval Office.