Saturday, May 14, 2005

White House Screws Poor for Benefit of Special Interest
The White House is reimposing quotas on textiles made in china. This will "save" supposedly a few thousand job. I put save in quotes, because it will do nothing of the sort. What this will do is transfer jobs from the overall economy to the american textile industry, destroying jobs in the process. How? Because the Chinese make clothing more efficiently than we do, giving effectively more money in the process, leading to even greater employment. Even worse, if you are concerned about issues of equality, the increase in clothing price is a regressive tax on those who can least afford it, the poor.

Can't say I am all that surprised. So we have a big spending, protectionist administration that is abandoning state rights when morality can be imposed (gay rights, drug war, and probably abortion when Roe Wade is struck down).

Why can't we have a real opposition party unlike the even worse dems?

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