[hedgetrimmer]

Protectionism is not the answer

Why?

[NMC EXP]

THe author writes for a defense industry magazine.

He knows which side of his bread is buttered. He is not going to take a shot at "free trade".

Instead he goes on to say that "government and industry" should spend more on tooling and R&D.

In other words he wants our taxdollars to support defense related R&D and excess manufacturing capacity in the US because the major corporations will not do it.

Regards

J.R.