December 18, 2008

I MISSED THIS STORY YESTERDAY: Becerra Won’t Be Obama’s Trade Rep. “Saying that he has come to the realization that trade is not the highest priority for the incoming Obama administration, Rep. Xavier Becerra has decided not to accept Barack Obama’s offer to be United States Trade Representative.” I’m very worried about a descent into protectionism, which would turn the economic situation from problematic to disastrous all by itself. This isn’t making me feel better.

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