Friday, June 30

Hillary vs Bastiat

Via Greg Mankiw. I'm not a Hillary hater; in fact I thought Bill Clinton did pretty well. But
Last month, Sen. Hillary Rodham Clinton and nine colleagues (ranging from Barbara Boxer to Tom Coburn) endorsed a petition from...the domestic candlemaking industry asking the secretary of commerce to impose a 108.3 percent tariff on Chinese candle producers.

After the Commerce Department approved the candlemakers’ petition, Clinton said in a statement:
This is a real victory for the Syracuse candle-making industry. Our manufacturers deserve a level playing field and we owe it to them to make sure that others do not unfairly circumvent our fair trade practices. Syracuse has a proud history of candle production but attempts by importers to undercut our producers have put that tradition at risk. I am pleased that the Department of Commerce heeded our call to take action against these unfair practices and recognized the importance of this decision to local producers, especially here in Syracuse. We will continue to make the case on behalf of Syracuse candle-makers as the Commerce Department considers its final determination.
Shades of Barbara Ehrenreich.

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