” I don’t oppose protectionism on principle because I have not bought into the myth of free trade. “
Well, here’s a ‘myth’ that you, apparently, choose to ignore, also.. (Surprising, since in most of your postings, you appear to be literate in the basics of Economics..)
http://en.wikipedia.org/wiki/Demand_curve
Perhaps you could refresh your knowledge of this Basic Principle of Economics, and then explain to me how it doesn’t apply to your love of Tarrifs.....
My response is f “the general principles of economics” you so naively posted
That is all BS theory. In the real world no nation practices free trade except for us. That is why we have a 6000 billion dollar trade deficit. All other nations are protectionist and look out for their native workers and their native capitalists. They don’t play by your BS “citizen of the world” rules
You better hope Donald Trump does not get in because he is going to slap tariffs on Chinese craps so fast it will make your head spin. I’m hoping he imposes tariffs on foreign oil too and we make up for that by drilling more in the USA and burning more coal to make electricity. And shifting over to our native CNG for more transport uses.