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In the grand scheme of the world’s economy, Canadians are a little like Glenn Close in Fatal Attraction.
We’re cute, we’re cuddly, and we seem to do everything right. But we do NOT take rejection well.
What’s transpired since hasn’t exactly blown anyone away. Detractors of the Buy American strategy, like Liberal head Michael Ignatieff, have warned of the policy’s threat to destroy the Canada-U.S. trading relationship. Stockwell Day is also irked.
(FCM) even voted in a retaliatory “Buy Canadian” resolution that would – not unlike the Buy American strategy – aim t
Originally posted by ModernAcademia
So there we have it, it's ending up being a war of buy your own.
looks like this can turn out to be kind of ugly.
protectionism will not save the economy, that's ludicrous.
just a smart economy can but that's just not an option apparently.
What do you think about the Canadian response to this?
Originally posted by Ferris.Bueller.II
reply to post by HunkaHunka
OK. I can see the Chinese boycott. But how about other foreign countries other than China we buy from; Canada, Mexico, Indonesia, Taiwan, Japan, etc.? Are you defending the 'Buy American Only' protectionist measures Obama is taking because of crappy Chinese build quality?
Originally posted by djvexd
Of course in a world economy when everyone elses economy is intertwined with evryone else's this kind of protectionism hurts more than it helps. For me personally I will buy what I deem to be the best product at the best price. If American companies would get this through thier skulls and start actually competing, rather than put out half-assed garbage and resting on the ol' patriotism laurels they might not be in trouble. Between poor quality of alot ( not all) of U.S. products and the jacked up prices therein and the iron-claw grip that corrupt unions have on American corporations I am surprised we still even have an American auto-industry at all. Not to mention any other industry.
U.S. jobs will permanently be lost. Good paying union jobs in the US for American truckers, railway workers, airline staff, warehouse personnel and dockworkers will permanently shift to non-Americans. For example, the Mexican Ports that are being developed are funded and run in part by a Hong-Kong shipper. Additionally, the Texas-Trans Corridor (a piece of the superhighway) is to be contracted out to a Spanish company to build and operate. We don't know how many TTC related jobs will go to US Citizens, and how many will go to foreigners
Originally posted by jd140
They want the stimulus money.