Monopoly-Privilege Agents are Skilled at Verbal Legerdemain

by Don Boudreaux on July 24, 2010

in Other People's Money, Seen and Unseen, Trade

In this letter in today’s Wall Street Journal, Undersecretary of Commerce for International Trade, Francisco Sanchez, praises “[U.S. Trade] Ambassador Ron Kirk’s commitment to negotiating tough bargains, ensuring that when America gives other countries the privilege of free and fair access to our market, U.S. businesses will get the same treatment in theirs.”

Translation: “Ambassador Ron Kirk is committed to holding the interests of American consumers hostage to the interests of American corporations and labor unions.  He is tough in his determination to ensure that any trade deals struck on his watch will shield politically powerful U.S. producers from the competitive consequences of free consumer choice.”

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