A host of American financiers and billionaire investors have criticized President Donald Trump over the sweeping tariffs he announced last week, calling the measures “poorly advised” and warning of serious consequences for the US economy.
In other news, the American Society for Surprise Sex condemned the President’s new executive action establishing stronger penalties for rapists, with automatic life-in-prison for anyone convicted of sexual assault on a minor. ASSS spokesman George “Rape Rape” Martin decried the measure, calling it: “poorly conceived” and warning that it would have a depressive effect on novelists who are struggling to complete their books.
This meme fairly well characterizes the state of popular and media discourse about the tariffs.
Free trade is an absolute evil and an obvious lie. Both Ian Fletcher and I have conclusively, and separately, proven that it cannot deliver the promised benefits while the costs will eventually be unsupportable for any nation. If, for some reason, you are still a believer in the concept of free trade, I suggest reading my three-part critique of Henry Hazlitt’s orthodox case for free trade, in which I point out the multiple errors in the argument that was presented as the best possible case for free trade.
- The Hazlett International Trade Challenge I
- The Hazlett International Trade Challenge II
- The Hazlett International Trade Challenge III
If you want more detailed demolitions of the concept, read WHY FREE TRADE DOESN’T WORK by Ian Fletcher and ON THE QUESTION OF FREE TRADE by me and Dr. James D. Miller, PhD.