Tuesday, June 22, 2010

Ironing Boards

http://www.washingtonpost.com/wp-dyn/content/article/2010/06/21/AR2010062104755.html?hpid=moreheadlines

Proof tariffs work.

"The company survives in part because it convinced U.S. trade officials that Chinese firms were unfairly dumping ironing boards into the United States at less than fair-market value; in response, the United States levied anti-dumping taxes of 70 to more than 150 percent on its Chinese rivals. (YAY)

"there is little doubt in Seymour, that the tariffs saved 200 jobs and leveled a playing field that had been tilted in favor of foreign factories"

"Under the pressures of globalization, the number of manufacturing jobs in the United States has been shrinking for decades, from 19.5 million in 1979 to 11.6 million this year, a decline of 40 percent."

Tariffs and protectionism are the answer. Everywhere they are used people still have jobs. Everywhere they are not used people don't have jobs. It isn't hard to understand. We need lots more tariffs on lots more products. Before you know it the help wanted signs will start popping up everywhere.

Protectionism....Its as American as apple pie.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home