GOP invites trade war/dumps on WTO&EU on export tax-afraid of Dems?
Congress will not lift repeal an export-tax subsidy declared illegal by the World Trade Organization by the March 1 deadline because some Republicans consider a trade war less politically risky than making themselves vulnerable to Democratic charges that they are deepening an already huge budget deficit, reports Shailagh Murray of the Wall Street Journal.
How the hell would ending a govt subsidy hurt the budget deficit? Isn't the tax subsidy a govt expense, which would lessen the deficit if it was cancelled?
The dumbass Republicans take the cake. They love free trade when it means exporting jobs. They hate free trade when it means you can't subsidize private industry with government money.
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