Monday, December 22, 2008

Meta: Obama's New Economic Team

Two blog commentaries from The Economist on President-elect Barack Obama's economic team nominees-- Hilda Solis for Secretary of Labor and Ron Kirk for U.S. Trade Representative--are less than enthusiastic (see here and here).  Why?  Both are under a heavy cloud of suspicion that they will put protectionism for labor before free trade policies which will offer much broader benefits.  Will this concern for the few over the interests of the many spill over into the new administration's aeropolitical relations as well?  Given labor's consistent stance against progressive liberalization of foreign investment and cabotage rights, this pro-labor mentality could prove to be a dark omen for the ongoing air transport negotiations between the United States and European Union.

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