Dubai Debacle

Robert Samuelson is one of my favorite economic analysts. I agree with him that the port deal with Dubai was badly handled. Why?

“The idea of letting an Arab-owned company, Dubai Ports World, run container terminals at five U.S. ports struck many Americans as an absurdity. Why not just turn control directly over to Al Qaeda? In late February, a CBS News poll found that 70 percent of respondents were against the deal and only 21 percent in favor. The company’s withdrawal last week can be seen as a triumph of public opinion.”  Read it all 

Democrats had a easy cheap shot to fling at the President. I almost don’t blame them for doing it. The Republicans though. What a bunch of wimps.

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