Sunday, September 13, 2009

Obama: Tariffs Part of Free Trade Commitment?

Obama wants to slap a 35% tariff on tires imported from China. Critics accuse him of stooping to protectionism, but--in an L.A. Times article--an official explains:
"The president is very committed to open and free trade. . . Part of that is being committed to enforcing trade laws and trade agreements."
Um, how about no? This is the same as saying "The president is very committed to peace and prosperity, part of that is being committed to waging war and levying taxes."

One other thing: Will it help Americans?--And I mean Americans in general, and not whichever few are represented by the lobbyists who obviously have the president's ear on this (apparently the United Steelworkers union put it forth)?

Will I be better off paying more for tires?

Will you be better off paying more for tires?

The extra money that we will now spend on tires will be money that could have been allocated towards other resources, be they needs or wants.

If this passes, then we all just got a bit poorer. I didn't realize that was the change that he promised.

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