To Whom It May Conern
Mr. Dean, Mr. Bush, Members of Congress, Senators, and other protectionist ninnies:
Please repeat after me, “Protectionism is bad. It causes undue harm to the consumer and raises prices. The trade imbalance with China is not a problem and it doesn’t have anything to do with exchange rates. I pledge to abandon my sinful, protectionist ways and pursue policy that makes some goddamn sense.”
(Hattip: Bruce Bartlett)
Dear Dems who are busy harping on the economy, particularly jobs: Steve Verdon has the facts. He also has this wonderful post on one my my favorite things Arrow’s Impossibility Theorem.
