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Or Perhaps Sen. Sessions Really Is Worried About the Threat to America Posed by Foreign-made Sleeping Bags….
Posted By Don Boudreaux On February 3, 2011 @ 7:45 pm In Other People's Money,Politics,Trade | Comments Disabled
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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URLs in this post:
 an editorial in today’s New York Times: http://www.nytimes.com/2011/02/03/opinion/03thu1.html?ref=opinion
 Public-choice theory: http://www.econlib.org/library/Enc/PublicChoice.html
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