But, fair trade is far more important than free trade (for everyone except CATO). I just read in Automotive News that the Japanese have instituted its own cash for clunkers program. Naturally American nameplates are not eligible.
Sarah Palin would be well-advised to continue to avoid airheads in think tanks, most of whom are totally divorced from the real world and have never held a real job in their lives.
So by advocating peace and cooperation they are prostituting Christmas? And you and the other “fair trade” protectionists are wrong. Dead wrong, in fact. Study economics before you give your opinion on it. Free unfettered trade between nations benefits everybody concerned. I’ve made the same points so many times on FR arguing with the “fair trade” protectionists that I just don’t have it in me.
Let Japan implement their own wealth-destroying “cash for clunkers” program. It will hurt them just as our own program hurt us.
Economists are not divorced from the real world, on the contrary they are steeped in real world data from morning til night. It is people like you, who have limited anecdotal experience rather than broad empirical data, assumptions rather than facts, who do not live in the real world.