Meet the New Boss – Same as the Old Boss….

by Don Boudreaux on September 12, 2009

in Politics, Trade

So the Obama administration will force Americans who buy automobile tires from China to pay a 35-percent surcharge for the privilege of doing so.

No delusions should remain that the most recent presidential election has “transformed” Washington into anything grander than what it has always been: a ‘spoils exchange’ where A and B shamelessly conspire to rob C and then swap the plundered proceeds with D for D’s commitment to help A and B retain their seats on this exchange.

Cats do not, and will never, bark.  They do, and always will, (rent-)seek out and devour weak prey.

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