I couldn’t agree more, protectionism is a bad path to take.
This type of protectionism will lead to higher prices and inflation, at a time when American families need it the least. We are currently at 16% unemployment, and deflation, not inflation is what is needed.
We have enough causes of inflation. The stimulus bill and additional government debt causes inflation, and to combat this, the Federal Reserve will raise interest rates. Raising interest rates will ensure that the real estate market will never recover.