Just what is the issue that so many have, with the provision put in place by the American Congress, that directs companies being bailed out, by taxpayers, to look first to the domestic market for it’s supplies? Seriously, what is the problem, and why isn’t our own Government following suit, with a Buy Canadian provision, for companies we are bailing out?
After all, IT IS OUR MONEY BEING USED, ISN’T IT?
“We are seeing the expansion of these domestic preferences around the world,” Harper said. “China announced a ‘Buy China’ plan as part of its own stimulus package [and] these things, if they multiply around the world, could become extremely problematic in terms of recovery.” ( CBC News )
This whole globalization mantra, free trade, etc. has allowed major business interests to shift its focus, from one country to another. In other words, to whichever country will give them the cheapest labor and breaks, to produce their goods. It doesn’t insure that there are any real standards, in regards to safety, or quality, and as a result, the consumer suffers,but then, so does the various nations.
Think about it, if all the high paying jobs are moving from country to country, who is going to be able to afford the high priced items?
Consider how Microsoft is trying to farm its work abroad, but has their product dropped in price? NO IT HASN’T and nor has any item, that used to be produced here, now made elsewhere, come down in price. And if you doubt that, just check the archives of the number of recalls made over the last few years.
Since Mr. Harper seized power, the number of recalls in Canada has risen dramatically, and the goods recalled, are generally made everywhere but in Canada. Our Standards are not theirs, which is fine, but when goods come into our country, surely they should meet our standards, not some third world power? That is just common sense, but not under Harpernomics, or Bushnomics.
While ‘protectionism‘ seems a nasty word, the truth is, this globalization has merely moved an economic downturn in one country, to being world wide. The failure of the USA Government to regulate its financial sector, such as we have, has resulted in an economic melt down. It has given Oil Companies carte blanche to raise prices, that have impacted every economy, which has really caused this economic depression. To say otherwise, is simply naive.
And since when should MY taxpayer money, my future debt load, be about aiding industries in the United States, Mexico, China, or elsewhere? When did we suddenly become fiscally liable to prop up businesses, that are failing, in other countries? If business is incapable of surviving, is it simply because people aren’t buying, or is it that they are producing goods no one wants? Is it then our obligation to put ourselves into debt, and future generations, to bail them out, when they aren’t even in our country?
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