Friday, April 01, 2005

The EU Gets One Right

It's rare from that collection of social democrat governments, but they are absolutely correct to raise a stink about protectionist trade and tariff redistribution policies by our government which is constantly lecturing others (and rightly so) about their need to liberalize trade.

In this case, money collected from tariffs on imported goods, paid for by American consumers, is then distributed to companies in America who have the loudest and sharpest whining delegations on K street simply because they are unable to produce a competitive product in open competition.

The sanctions the EU is threatening are precisely the correct response, and hopefully our government will see the wisdom of maintaining free markets and dispense with the Byrd amendment.


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