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An Unjust Subsidy Clothed in a Misleading Name

Tweet [1]

Few policies are as irrational as trade-adjustment assistance.  Here’s Cato’s Sallie James writing today on this economically unjustified policy [2].

And you’ll find here links to past Cafe posts [3] explaining just why trade-adjustment assistance makes no more sense than would, say, a decline-in-the-demand-for-beige-colored-products assistance.