We learn from the latest Bloomberg Business Week that President Obama hopes to ?ease export-control rules? with a plan winning kudos from defense and aerospace companies. Why?
The White House says the plan would further Obama’s goal of doubling U.S. exports in five years, to about $3.1 trillion.
OK, so the president and his team still have too much faith in government intrusion into the private sector ? hence the ?five-year plan? ? but the idea of reducing trade barriers make sense.
It would be nice if the president applied the same principles elsewhere.
