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Strategies & Market Trends : ahhaha's ahs
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To: DMaA who wrote (4180)4/4/2002 2:34:16 PM
From: ahhahaRead Replies (1) of 24758
 
Who said it was "protection"?

Asking for higher prices is what anyone should do. That's part of the free market mechanism.

If you wish to look at the steel tariffs as protectionism, then I would say that such protectionism should pretty much eliminate the remainder of the steel industry in the US. My only interest at this juncture would be to ensure that the steel workers of the past have covered pensions. If tariffs, "protectionism", accomplish that, then I'm all for the tariffs in steel.

Don't be someone who finally has learned to talk the talk without fully understanding when protectionism is destructive. In general, it is deemed humane to protect the very young and very old. This moral consideration has no impact on economy.
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