A Comment About

Why Tariffs and Quotas Don’t Work

February 29, 2008 - 1:29 am - by Tim Worstall
Harvey
2008-02-29 09:15:36

Raising tariffs will only increase prices and slow the economy. If people want to see a slowdown in jobs being exported and outsourced, then the answer is to cut taxes on corporations doing business in the U.S. Other countries are happy to give businesses a better tax rate and cheaper labor than here in the U.S. Free trade and lower taxes would be a boon for U.S. business and workers.