Obama's "Rickety and One-Sided Trade Policy"


Writing at Forbes, New York University law professor Richard Epstein has some sharp words for the president:  

Fresh from his major political defeat in the mid-term elections, President Barack Obama has decided to go on the political offensive by acting presidential, albeit in the worst possible way.  One object lesson was apparent in his Saturday op-ed in The New York Times, "Exporting Our Way to Stability." His cascade of political and economic blunders begins with his first word: "exporting."

According to Obama, a new emphasis on domestic jobs starts with yet another pointless world tour.  Instead of deregulating at home, he will seek to persuade the plenipotentiaries of India, Indonesia and Japan and South Korea to accept our new, muscular trade export policy.

Read the rest here.