US Agency for International Development has distributed 10 billion US-made condoms around the world. To save money, they can switch to Chinese-made condoms. They’re less than half the price. But that will eliminate jobs in Alabama. Should the US government insert a “buy American” provision back into the stimulus bill, even though it’s known that protectionist trade policies hurt long term GDP? To save US jobs, it’ll cost more money and extend the recession.
What the *&#% is the US Government doing paying for 10 billion condoms?Read Full Post | Make a Comment ( 8 so far )
My opinion: Obama and his team are in waaaaay over their collective heads. They believe the world is basically good, and because Obama is in control of the White House, the world will warm to them and we will all live together in harmony.
Except that’s not the world. Putin will outmaneuver the clueless Obama. The middle east will continue to shun American and call us the Great Satan. China is waiting for the right moment when they own all our assets before they invade Taiwan. Our response will be every bit as lame as our response was against Russia’s invasion of Georgia.
The only way Obama can make it worse is to cripple our GDP for years with excessive liberal pet programs and inflicting a nationalized banking and health care system on us while completely destroying our economy with massive deficit spending and liberal pork spending.
Operation Cripple America now in progress.Read Full Post | Make a Comment ( None so far )