With Friends Like These, Who Needs Enemies?

Source: American Institute for Economic Research
by Gary M Galles

“Few Presidents have wrapped their protectionism in the American flag to the extent Donald Trump did. But all recent Presidents have continued a long line of protectionist policies, and Joe Biden is clearly on that list. Such policies are based at least in part on the idea that ‘good’ American producers should be given special treatment over ‘bad’ foreign producers for the good of our country. But that leaves an important group out of the political equation — American consumers. And our joint interests as consumers is what we have most in common.” (06/22/22)