I'm sure you are all wondering
, so I will say I'm a capitalist and I'm for free trade in theory. It's reality that gets in the way. I do think it's funny how there's this obsession around free trade and that enacting tariffs is screwing around with the invisible hand of the market, as if the market isn't fucked up as it is with burdensome taxation and crushing regulation. (not evenly applied, btw, if you have influence you can get around it with waivers, tailored deductions, and special waivers) Free trade to me is more than just the absence of tariffs. We had some sort of tariff system for most of our existence, we grew into the leading global economic powerhouse and leading innovator in the world with having tariffs in place. I'm not arguing for tariffs, but I am saying that they are not necessarily the boogeyman portrayed when reasonable. A no/low tariff policy hasn't led to robust economic growth over the last 10-15 years and that's because of our tax/regulatory environment.
Milton Friedman once said something to effect of you can't have open borders and a welfare state. I would use that same logic to say you can't have free trade and oppressive taxes/regulation.
I do hate free trade agreements in principle though because I see them as eroding our national sovereignty. I think we need the flexibility to protect our companies and workers from unfair trade practices. Trade policy should ALWAYS be in the hands of the people's representatives.
, so I will say I'm a capitalist and I'm for free trade in theory. It's reality that gets in the way. I do think it's funny how there's this obsession around free trade and that enacting tariffs is screwing around with the invisible hand of the market, as if the market isn't fucked up as it is with burdensome taxation and crushing regulation. (not evenly applied, btw, if you have influence you can get around it with waivers, tailored deductions, and special waivers) Free trade to me is more than just the absence of tariffs. We had some sort of tariff system for most of our existence, we grew into the leading global economic powerhouse and leading innovator in the world with having tariffs in place. I'm not arguing for tariffs, but I am saying that they are not necessarily the boogeyman portrayed when reasonable. A no/low tariff policy hasn't led to robust economic growth over the last 10-15 years and that's because of our tax/regulatory environment.Milton Friedman once said something to effect of you can't have open borders and a welfare state. I would use that same logic to say you can't have free trade and oppressive taxes/regulation.
I do hate free trade agreements in principle though because I see them as eroding our national sovereignty. I think we need the flexibility to protect our companies and workers from unfair trade practices. Trade policy should ALWAYS be in the hands of the people's representatives.





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