Saturday, June 13, 2009

As Congress adjourns, here come the protectionists!

As the Third Session of the 48th Congress moves toward adjournment for the [northern hemisphere] summer on or about June 26, the Amrita Party, Chakra Party, and National Union agree on one thing: buy-Patrienish protectionism as a simplistic knee-jerk reaction to the GFC (Global Financial Crisis) or GED (Global Economic Downturn), aka the current recession.

Bring the jobs home. Stop offshoring. Buy the products your neighbors help to build. Say no to made-in-China. It's easy. It's convenient. It gets trotted out every time the economy goes south.

The free-trade and globalism-bashing is going to get nasty! For the Hindu parties it's going to be wrapped up in Gandhian swadeshi rhetoric, while the NU will try to put a law-and-order spin on buy-Patrienish.

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