Henry Paulson gets it:
"Trade helps Americans provide for their families. When special interests seek protection in the name of low-wage workers, we should acknowledge that limitations on imports do not benefit the vast majority of Americans. They deny people the freedom to choose from a broader array of goods and services, and impose a cruel tax on people who rely on low prices to stretch their family budgets. The cost of protectionism falls most heavily on those who are least able to afford it – the poor and the elderly."
Hillary on the other hand continues to demonstrate her absolute and complete lack of understanding of trade and economics
http://clinton.senate.gov/news/statements/details.cfm?id=269895&&s
Hopefully the power of the internet and the blog-o-sphere will expose her for either being intellectually dishonest or a total charlatan
http://cafehayek.typepad.com/hayek/2007/03/letter_to_sen_c.html
Saturday, March 3, 2007
Hillary and trade
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