Sunday, May 16, 2004

Smoot-Hawley redux

From Fox News: Kerry: I’ll toughen trade deals. Choice quote:

“But Kerry has a nuanced position on trade.”
Why is it the position of Democrats that, whatever problems there may be in trade, they can be solved with more regulation? (And I’ll admit in the interest of fairness that Bush’s tariffs on steel imports did nothing to help the American steel industry.) Leave capitalistic free trade alone already. Geez.

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