This time it's one we can't afford to rile up:
WHISTLER, British Columbia (Reuters) - Canadian municipal leaders threatened to retaliate against the "Buy America" movement in the United States on Saturday, warning trade restrictions will hurt both countries' economies.Remember during the campaign when Obama talked out of both sides of his mouth and made Canada look stupid? I do as well. But this is bigger and can potentially be a huge detriment to relations between us and the canucks while undermining our economy even further.
The Federation of Canadian Municipalities endorsed a controversial proposal to support communities that refuse to buy products from countries that put trade restrictions on products and services from Canada.
The measure is a response to a provision in the U.S. economic stimulus package passed by Congress in February that says public works projects should use iron, steel and other goods made in the United States.
Canada supplies us with the most oil of any nation dwarfing what we receive from Saudi Arabia and the rest of the Persian Gulf region. A trade war with our largest oil supplier when we are curtailing domestic production is just plain lunacy. Obamanomics in action I guess.
Just another day in Obamanation where hope and change are the buzz words.
1 comment:
I was very sad when I heard this news, I knew Mr. Obama wasn't the greatest, but lowering his standards to protectionism...that's just sad. How is anyone supposed to like Americans when the person in charge messes up almost everything he touches...
Take care, Lorne
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