Economist - Never give a sucker an even break:
"THERE is something drearily predictable about xenophobic protectionism. In the late 1980s, when Japanese companies were busy buying up the Rockefeller Centre, tyre-makers and movie studios (or “invading Hollywood” as one news magazine proclaimed on its cover), howls went up that America was selling off its birthright. Japanese keiretsu, backed by their inscrutable government, were trampling over naive market-trusting Americans, especially in high tech. That was the constant refrain from Congress—and it was spectacularly wrong. A decade later, the Japanese stockmarket had halved in value and those naive American geeks were billionaires."
