[kenth]

Looks like they want to keep Free Trade Street one way.

[sarcasm]

Indian tariffs are the world's second highest.

[templar]

Looks like they want to keep Free Trade Street one way.

Judging from the balance of trade deficit, it pretty much is. At least, the street coming this way is a whole lot larger than the street going that way.

[phil_will1]

"Looks like they want to keep Free Trade Street one way."

Yes, it does .... unfortunately. This looks more and more like unilateral disarmament. The administration responds to these concerns by pointing out statistics that have nothing to do with the real economic pain that so many Americans are feeling. It just reinforces the Democrats' charge that Republicans only care about their corporate CEO buddies. Who cares if the Dow keeps rising if we continue to lose jobs? And counting job gains is misleading too, since they don't address the kinds of jobs that are being created. Are we really supposed to believe that a fast food cook is equivalent to a programmer? This administration is in denial, just as much as the first Bush's economic team was in 92.

It is painful to watch, for many reasons. The Democrats don't have any solutions, and protectionism won't work, but the frustration over this situation may nevertheless cost GW the swing voters and the election.