USA Today had a piece about the growing threat of protectionism. It then listed a series of measures in the various G-20 countries that it viewed as protectionist. For some reason, it excluded from its list the trillions of dollars in below market rate loans that the United States is giving to its financial system. It did not even include the "buy America" provision in the Geithner plan that requires that the financial firms managing investment funds in the plan be headquartered in the United States.
If you enjoyed this article, please consider making a tax-deductible donation today. For over 30 years, The American Prospect has delivered independent reporting that exposes corporate power, investigates political corruption, and analyzes threats to our democracy. Unlike many media outlets, we’re not owned by billionaires or corporations—we’re powered by readers like you.
Today’s independent journalism faces unprecedented challenges. Your support makes our reporting possible and keeps our work free and accessible to all. Whether it’s $5 or $50, every contribution helps sustain our nonprofit newsroom.
Join our community of supporters and make a donation today to help keep independent journalism thriving.
Copyright 2025 | The American Prospect, Inc. | All Rights Reserved