Or Perhaps Sen. Sessions Really Is Worried About the Threat to America Posed by Foreign-made Sleeping Bags….

by Don Boudreaux on February 3, 2011

in Other People's Money, Politics, Trade

From an editorial in today’s New York Times:

Senator Jeff Sessions of Alabama blocked the extension of the G.S.P. [Generalized System of trade Preferences] altogether because he couldn’t get sleeping bags removed from the program. He was acting on behalf of Exxel Outdoors, a sleeping-bag maker from Haleyville, Ala., that competes against sleeping bags imported duty-free from Bangladesh by CellCorp of Bowling Green, Ky. The Republican leader, Mitch McConnell of Kentucky, was pushing to pass the G.S.P. in its entirety, so Mr. Sessions put a hold on the bill.

Public-choice theory might not explain everything that happens in politics, but it explains a great deal – I would say most – of what goes on in legislatures.

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