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To: Cacophonous
So we are punishing the steel consumers for the steel industry's inefficiency.
27 posted on 03/05/2002 6:57:02 AM PST by Doctor Stochastic
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To: Doctor Stochastic
No, the steel industry is being punished for playing by different rules than their competitor.

This whole question amazes me.

Do those that oppose protecting American interests actually think American industries cannot compete, given a level playing field? That's the implication.

All I ask is that the US government level the playing field by imposing some leveling tariffs. Those that oppose the tariffs seem to have given up on American steel; since US Steel, Bethlehem Steel, et alii, cannot compete against unfair trading practices, let's dump them and go with those that are breaking the rules.

And this whole notion of protecting the consumer is a red herring.

First, using consumer protection as a basis for a trade policy is disastrous on its face.

Second, if tariffs are imposed, it is true that consumers might see a temporary rise in prices. (although some claim we have excess capacity, so logically, prices should not go up). Even if they do, however, I have faith in the ability of the American steel industry to immediately meet the demand and for prices to go back down. Additionally, our foreign competitors will have to clean up their trading practices in order to compete.

This means we would then have a free market.

Just as you promote peace by having (and being willing to use) a military might, you create a free market by having and being willing to use your economic might.

31 posted on 03/05/2002 7:09:38 AM PST by Cacophonous
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