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Obama’s Five Year Plan

July 7, 2010

President Obama wants US exports to double within five years. Indeed, “raising exports is a national priority.” Sounds like a Soviet Five Year Plan.

More exports are good, of course, but don’t think for a minute that Obama believes in free trade. He has created an Export Council to centrally plan his trade goal, increased tariffs on Chinese tires, doubled loans to support exports, and fought for “fair trade” at the WTO.

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