Im no Buchanan fan, but how is he wrong in this piece?
Great question!
I read a lot of anti-Buchanan rants here....the same ones who regurgitate the failed Free Trade mantra, even when reality has dismissed their failed theories as moot.
But, Buchanan has quite accurately pointed out that the “Toyota Republicans” have screwed the GOP...esp if any GOP presidential candidate wants to win the industrial states....and voters in those states who are nominally conservative (except when it comes to their jobs)
And, the real message here...is that the same Senators who killed the auto bailout are from states that had no problem subsidizing foreign auto makers....they would rather aid a foreigner than an American
I wonder if those, who chide Buchanan for still being “in the 1950s or 1940s”....really prefer the economic situation of 2008?
The same ones that look at the 1950s with disdain, while trying to convince the easily led that what we have now in America is somehow a good thing.
Don't you think that states would have offered the same incentives to an American automaker seeking to open a manufacturing plant? Problem is that the US automakers are not looking to expand production or move plants to friendlier territory because they are in the firm grip of the UAW.
Mercedes, Toyota, Honda and others made announcements that they wanted to open a plant and states competed for their business.
This is not a case of senators preferring foreign companies to US companies.