Here’s a letter that I sent a few days ago to the Financial Times:
Hillary Clinton needs a
language lesson. She favors only trade that is found by government to
"benefit[] our workers and our economy" and that promotes "rising
standards of living across the world" ("Full Transcript: Hillary Clinton Interview," December 3; my emphasis). She then asserts that "There is nothing
protectionist about this."
Oh please.
Protectionism
exists whenever, wherever, and whyever government artificially raises
its citizens’ costs of buying imports. Protectionism has forever
rested on the false notion that government officials know best how
consumers should spend their money. And it attempts today to hide its
ugly face behind the smiling mask of allegedly noble intentions, such
as those mouthed by Sen. Clinton.
Sincerely,
Donald J. Boudreaux
