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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (236478)	3/12/2002 12:22:47 AM
From: craig crawford	Respond to of 769667

>> What domestic supplier is going to fail to raise prices to nearly match the foreign prices? << tariffs are a way of protecting businesses from being unfairly undercut by foreign competitors. so yes a tariff will help restore fairness of competition between foreign and domestic competitors, but there will still be plenty of domestic competition to keep prices from escalating too high. i'm sorry, but i don't buy the argument that we must always bow to the lowest prices humanly possible for consumers. foreign competitors do engage in undercutting and product dumping in order to drive our domestic companies out of business. that may benefit the consumer in the short run, but if an entire industry collapses because of it, it may actually hurt consumers in the long run as company after company goes bankrupt and there are fewer and fewer competitors. would you support allowing a company such as microsoft to undercut every other software company in america (which would temporarily lower prices), so it could drive them out of business and then raise prices when there is no competition left? i don't think so. we have laws against that. well it happens on a global scale as well as countries try to drive other countries out of business. tariffs are one way to protect against unfair competition.