Posted on 05/05/2016 9:30:43 AM PDT by reaganaut1
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Trump promises a return to tariffs. He also promises a wall with Mexico, penalties against profitable American companies, skimming foreign remittances, and more. Trump does not mince words, and you have to respect his forthrightness. What each of these solutions has in common is a heavy-handed government that imposes its will at the price of consumer freedom.
What right does a White House staffer have to tell you what you can buy and the extra price you have to pay if you choose the wrong product? Your freedom to trade to buy what you want is whats at stake when anti-traders get rolling. They say its about protecting producers, but that is not how trade barriers work. Hugo Chavez and Joseph Stalin put up huge trade barriers and guess how many jobs that helped Venezuela and the Soviets create? Ni odnogo, as they say in Russian. Not a single one.
Yesterday, I asked Michael Boskin, former chief economist under President Bush in the early 1990s and the godfather of lowered trade barriers in North America, how he feels when NAFTA is used by politicians as the scapegoat for economic anxiety. He reminded me that faith in free trade waxes and wanes. The failure of tariffs is a constant in history, one that each generation demands to relearn. He asked: Remember the Corn Laws in 19th-century Britain? Remember the trade barriers among the states after the 1776 revolution that inspired our free-trade Constitution in 1789? The American Revolution in 1776 was inspired by the British Tea Act of 1773. It was the ultimate trade war: for freedom and against tariffs. How many young Sanders or Trump voters realize that?
(Excerpt) Read more at nationalreview.com ...
Time Kane can go suck a big fat ......DANA MILBANK ????
They said it would improve the Mexican economy thereby ending illegal immigration, how is that working out?
NAFTA was a horrible and treason!
Yeah, it was. It was a deal designed to screw working Americans, enrich the GOPe and their pundits who write lies like this National Review bs article.
Yeah, but NAFTA and the rest was the heavy hand of government also.
It created the giant sucking sound of our jobs leaving.
With them went our innovation and problem solving and our R&D: those are driven to solve problems in the manufacturing process [in large measure]which you no longer have.
Now we swap increasingly worthless $$’s for tee shirts and tacos while the “heavy hand of government” tells you how much better off you are.
Quit pissing on my leg and telling me its raining.
NAFTA was not a bad deal for the effete scribblers at National Review. Didn’t affect them one bit.
But then the only time that they get their hands dirty at work is when the frosting on their Little Debbie snack cakes sticks to their fingers.
The Yellow Kid points the way to yellow journalism...
Yeah because we now have a country that does not have the ability to manufacture some of the most essential products. We are very vulnerable because of this and the middle class is out of good jobs.
Bill Kristol gives argument to -—
The deeds of the son shall exceed those of the father, and make the mother proud..
National Review? Wasn’t there once an influential news magazine known as National Review? That sure seems like a long time ago.
The March of the PUKEneocons”
NR/NWO in full bloom!
Is that what paying income taxes is called?
Illegals working under the table are not having taxes with held like the rest of us. A tax on remittances is simply a second attempt at getting them to play the game straight up like the rest of us.
National Review? Since Buckley died, they’ve never been right about anything, ever. I’m surprised they still exist, they are entirely without any value or insight whatsoever. Dead mag walking.
What an idiot. Nafta was an awful deal.
Perot was right: “a giant sucking sound” as American jobs whooshed south.
And these nimrods never mention the jobs that disappear because the base manufacturing jobs disappear. The suppliers depart, transportation is halved, housing dries up, retailers shrink, service businesses lose. It’s a whole chain of jobs that relate to manufacturing.
Neither was the 1922 Washington Naval agreement oe the 1922 Five-Power-Naval-Limitation-Treaty. <SARC
National Review, what’s that?
Please keep this photo post until such time as NR files Ch 11 Bankruptcy : )
That’s one reason that replacing the income tax with a national sales tax makes so much sense. If you buy, then you pay.
Free Trade is good. But it also needs to be fair trade!
Thats what Trump has been saying since day one!
NRO needs an exorcism. Starting with Rich Lowry!
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