Thursday, September 16, 2010

Protectionism Round 2 - US passes 2 bills in favour of Made of America

In order to promote creation of jobs in the US, the House of Representatives has passed 2 bills that require the US Congressmen and Department of Homeland Security to only buy goods Made In America.

It seems, that the very promoters of concept of free-trade and demand-and-supply based economy have had to eat their words and move towards an "inferior" protected economy.

We hope these protectionist measure work and we see a speedy recovery of the world's largest economic power alongwith all countries of the world.

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