WHERE'S GOOLSBEE WHEN WE NEED HIM?:

Mexico Bites Back (INVESTOR'S BUSINESS DAILY, March 19, 2009)

Congressional Democrats have a bad habit of viewing treaty obligations as favors, forgetting that trade is a two-way street. Now that they've broken NAFTA, the Mexicans are about to educate them.

Responding to Congress' scrapping of a North American Free Trade Agreement obligation to let Mexican trucks enter the U.S., Mexico's government retaliated with $2.4 billion in tariffs on 89 U.S. goods that had gone to Mexico duty-free since 1994.

The Mexicans made no bones about why they were doing it: If the U.S. won't honor the treaty it signed in 1993, then they won't either.