by: the Common Constitutionalist
When Chris Christie first exited the Republican presidential primary, I figured he would then throw his endorsement to one the establishment candidates left in the race. But then he threw his weight (pun intended) behind Donald Trump.
Other than both portraying themselves as tough talking, gravy-stained champions of the blue collar set, they didn’t appear to have a lot in common. Well, I found one thing both Chrispie Creme and The Donald share a desire for – and that is protectionism.
Protectionism is one of Trump’s major platform items. He of course will never describe it as such, but he’s been telling us for months how he will make great trade deals with China, Vietnam, Japan and Mexico. A large component of these “great deals” is tariffs slapped on these countries in an effort to drive up import prices thereby making American made products more competitive.
That my friends (hat tip – John McCain) is protectionism. It’s the government manipulating the free market (as if there is such a thing) in order to artificially pick winners and losers.
What actually happens is that companies which are then “protected” from less costly competition are free to raise prices. In effect the government just creates a monopolistic economy where the end user, the consumer, always loses in the end. read more