Some here believe business and unions are able to wield control over Washington, so why haven't the big US coroporations and unions been able to get more protectionist tariffs passed? They should easily be able to get grass roots support from the many unemployed to make imports more expensive and outright limit the number of imports allowed in.
So far to me it looks like only agriculture has been really successful at creating punitive tariffs on imports like cane sugar. And domestic firearms manufacturers who have denied the entry of Chinese ammunition, rifles, and pistols.
And this isn't a political post, I just am surprised when the Great Obama Recession started that the Feds didn't try to save jobs by excluding foreign manufacturers, especially China.
Thomas Sowell: There are no solutions, just trade-offs.
Not trying to sidetrack, but "The Great Obama Recession"? When exactly did the recession start and what did Bush do in response? He raided the friggin treasury. Obama simply extended what would have been a shorter recession by staying the course and adding to the theft.
Bush presided over 6 months of the Great Recession and Obama over 2 years, and next year doesn't look very good either.
Back on topic, maybe the bankers get to make the tariff rules, the international Chinese bankers?
The world upside down? Conspiracy people used to warn of international Jewish bankers but America is actually in debt to Chinese communists. Would Lenin and Marx be amused or shocked?
Thomas Sowell: There are no solutions, just trade-offs.
