S.490: Protectionism's Dangerous Loaded Gun
Even as the U.S. trade deficit begins to climb out of the red, as the U.S. manufacturing sector grows more efficient, and as the U.S. economy continues to add hundreds of thousands of ne@v jobs, Congess is playing with an economically dangerous loaded gun--protectiomst trade legislation. ne House of Representatives has passed a bill, H.R. 3, which would force the President to erect protectionist barriers against countries ru ing arbitrarily defined "excessive" trade surpluses with the U.S. Economists, liberal and conservative, denounce this as economic suicide. Now the Senate will fl...
Source: heritage.org
