The Obama Administration, true to form, has decided to subsidise dairy exports. Given the Bush Administration sought global agreement to abolish agricultural export subsidies (and the EU - meaning the French - didn't want to), it demonstrates a great leap backwards for international trade.
Yes, all you fawning cheerleaders of the great leftwing change merchant, he's basically told the efficient dairy industry in New Zealand to go fuck itself. Federated Farmers have already responded calling the US dairy lobby a "compost heap" (which has made Lindsay Perigo smile).
Ironic that Maryan Street is calling for strong protests, because I'd put a bet that she and the rest of the Labour caucus cheered Obama's election, despite his record in supporting higher agricultural subsidies being clear.
Yes, it shouldn't surprise. The Obama Administration is no friend of free trade, which means it is no friend of the economies of other countries. It's a friend of big fat taxpayer thieving mud rolling stinking pork - change you can believe in? Yep, if you believe in subsidising inefficient producers to screw US taxpayers, and efficient dairy producers the world over.
Thanks for nothing Mr President.