Friday, 1 May 2009

Remember This?

Jim Flaherty only last year:

Mr. Flaherty rejected such an approach yesterday, arguing it would be tantamount to having governments choose winners and losers. It is the tax burden in Ontario that is putting manufacturers at a disadvantage and driving away new business investment, he said.

Bailing out individual industries - such as the auto sector - "is just the kind of protectionism that hurts trade and kills jobs."

And today, we the people, own a piece of Chrysler, a failing automaker in a failing industry....

1 comment:

Sir Francis said...

Heh. I suspect Flaherty's next move will be to spend a few billion to bail out the cotton gin and spinning wheel manufacturers.