The House Should Go Big: Temporary Tariff Reform Creates More Problems Than It Solves
‘I mean [to] show what we would do, what our ideal policy would be.” That was newly elected House speaker Paul Ryan’s promise in December. For Americans who have been anxiously awaiting the type of “bold, pro-growth” policies Speaker …
Arguments against Free Trade are Deeply Flawed
For years, supporters of free trade have been trying to reach a bipartisan consensus on the issue. They’ve finally succeeded. Free trade is now unpopular in both parties.
Perhaps because I am a conservative, I can at least understand …
It is virtually impossible to tune in to political TV or radio without hearing presidential hopeful Donald Trump promise to restore American manufacturing glory by imposing punitive tariffs on imports from China, Mexico, and any other country that pops into …
Loving Our Stuff, but Hating the People Who Sell It to Us
There is a popular website called Uncrate, which is the 21st-century version of the old Sears, Roebuck catalogue, i.e., consumer-goods porn, a resource for stylish young men with excess liquid assets who require suggestions for ways of being relieved …
Don’t Let China Bully Taiwan
Last week, Taiwan’s de facto New York consulate, the Taipei Economic and Cultural Office, hosted a discussion on the Trans-Pacific Partnership — the TPP free-trade deal. Needless to say, Taiwan wants to be included in the TPP. The U….
Free Trade Isn’t Free with the Ex-Im Bank Attached
Much of the last-minute debate over giving President Obama fast-track trade authority focused on the possibility that lawmakers would extend the charter of the Export-Import Bank of the United States in return for votes to pass fast-track legislation.
Why Organized Labor Hates Trade
Organized labor pulled out all the stops in the recent trade battles on Capitol Hill. The AFL-CIO organized its membership to lobby against Trade Promotion Authority and even Trade Adjustment Assistance. It froze campaign contributions to incumbents. It even promised …
Krauthammer’s Take: After POTUS’s Obamacare Lies, ‘Trust Me’ Is Not a Sufficient Argument for TPP
President Obama says you can trust him when it comes to the Trans-Pacific Partnership. But “trust is not an argument,” says Charles Krauthammer.
“It would help if when the president says [Massachusetts senator Elizabeth Warren] is dead wrong, he would …
Krauthammer’s Take: Hillary’s Free Trade Meltdown May Pull Warren into Race
Hillary Clinton was for the Trans-Pacific Partnership, but now she’s not so sure. And, says Charles Krauthammer, her waffling may be enough to draw Elizabeth Warren into the race.
“When you have a 50-point lead and you can’t take …
Caveman Says: ‘Yes, I Did Build This!’
‘Somebody helped to create this unbelievable American system that we have that allowed you to thrive,” the little man insisted, in a pout. “Somebody invested in roads and bridges. If you’ve got a business: You didn’t build that. …
Globalism and Free Trade: Apples and Oranges
Support for free international trade does not entail support for political globalization. Importing bananas from a country that has a comparative advantage in banana production is in the economic interest of the United States, as is exporting goods in which …
Don’t Blame Free Trade for the Collapse of U.S. Labor Dynamism
Over on the home page, and in the latest dead-tree edition of the magazine, you’ll find my lengthy review of international trade policy and its actual effects on the U.S. economy and labor market. The tl;dr version …
Why Did Almost Nobody See The Trade Issue Coming Before Trump?
There are many theories about why Donald Trump has gotten so far in the Republican primaries, and most any sensible analysis has to credit the reality that Trump’s rise is not the result of one single factor but the …
Free Trade Isn’t a Burden, It’s a Blessing and an Opportunity for American Industry
It is remarkable the extent to which discussions of free trade begin by reflecting back on an extraordinary moment in human history — the almost generation-long apex of American economic hegemony when the United States was the only great industrial …
What Donald Trump Doesn’t Know about U.S. Trade
A great deal of Donald Trump’s silly and illiterate trade talk presupposes the gutting or repeal of NAFTA, the trade accord between the United States, Canada, and Mexico that went into effect in 1994, with his dreams of punitive sanctions …
Why Should Washington Control Our Buying and Selling?
President Barack Obama and congressional Republicans probably are not going to get the trade-liberalization accord they desire. A broad coalition — Left, Right, and the always mush-brained center — opposes not only the trade measures currently in question but free …
A Vote for Trade Promotion Authority Is Not a Vote for Obama
Before presidential politics — the game of getting to 270 electoral votes — completely eclipses governing, there is the urgent task of getting to 217 votes in the House of Representatives to pass Trade Promotion Authority (TPA). This would guarantee a vote …
Zero Inflation Is Holding the Economy Together
Don’t expect any miracles from the economy. But don’t expect a collapse either.
In political terms, it’s kind of a Mexican standoff. Team Obama says they saved us from another Great Depression. And they point out that 3.1 …
Return of the Yellow Peril
Congressional Democrats have been working overtime to find a reason to kill the Trans-Pacific Partnership (TPP), and, having failed to do so, are scheduling another matinee showing of The Fiendish Plot of Dr. Fu Manchu.
Who needs economics when you …
George Will: ‘The Idea That We Can’t Assimilate These Eight-year-old Criminals with Their Teddy Bears Is Preposterous’
Columnist George Will Sunday downplayed concerns about chaos at the border over the surge in underage illegal immigrants without adult guardians.
“We ought to say to these children, ‘Welcome to America. You’re going to go to school, get a job, …