Comment

Overnight Open Thread

215
Wendell Zurkowitz ((slave to the waffle light))6/24/2010 12:55:02 am PDT

re: #196 Fozzie Bear

The playing field needs to be leveled globally. Any idea I can come up with to address it is “protectionist”, however, and I don’t know a way around that save treaties and trade agreements. That assumes partners who negotiate in good faith, and we simply cannot hope for that with China. (Our biggest trading partner)

There is a form of “protectionism” I support: if a nations industrial safety and economic standards are not up to those of the USA, they should have to pay a tariff that represents the difference in production costs.

That would give them the incentive to clean up their act so they could escape the tariffs.