Wednesday, January 25, 2012

They owe the President an apology

The St. Louis Post-Dispatch editors are in full re-elect-the-President mode, but they got themselves into a bit of a twist.  They have an editorial about General Motors's return as the world's top auto maker in terms of number of vehicles sold, which they take as proof of what "a smart, engaged national industrial policy can do."  They also go on to praise President Obama's role in saving GM. The editors admit, however, that the earthquake and tsunami that hit Japan last spring are responsible for Toyota's probably temporary fall from the top.

So, let me get this straight, the Post-Dispatch thinks that President Obama used national industrial policy to cause an earthquake off the coast of Japan.  Sounds like a rejected plot for a James Bond movie.