Read the Bills Act Coalition

Friday, February 29, 2008

Concerns over Obama leftist economic policies

From the Financial Times

Concerns over Obama's shift to left on economic issues...'Scenting, perhaps, the chance of settling the nomination next week (when Ohio, Texas, Rhode Island and Vermont go to the polls), Mr Obama has indulged in a bidding war with Hillary Clinton to see who can rail most strongly against globalization. ... Last week Mr Obama came out against 'open trucking' with Mexico in which freight lorries would drive across the border instead of unloading on to American trucks. His new stance coincided with the endorsement of the Teamsters union, which is opposed to competition in road freight. ... Mr Obama's proposal to levy lower corporate tax on companies that reverse the offshoring of jobs has caused disquiet.

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