Please, No More Congressional Miracles

By Ammoland

By Walter E. Williams
Editors Note: AmmoLand News welcomes Walter E.Williams to our growing list of the best and brightest conservative commentators.

USA – -(Ammoland.com)- President-elect Donald Trump has warned companies that they are not going to leave the United States anymore “without consequences.”

He has lived up to his threat by pressuring Carrier to give up its planned move to Monterrey, Mexico, in exchange for a taxpayer handout. It is a safe bet that other U.S. companies will be descending on Washington looking for handouts in the name of “fair trade” and “leveling the playing field.”

Part of Carrier’s problem is the congressional miracle created for the U.S. metal industry.

Import restrictions placed on steel, copper tubing and aluminum extrusions benefit American producers of those products. Not having to worry about foreign steel, copper tubing and aluminum extrusions, American producers of those products can charge higher prices and maintain higher employment. The real cost of import restrictions is the harm they do to steel-, copper- and aluminum-using manufacturers. Companies can escape some of those U.S. government-imposed …Read the Rest

Source:: AmmoLand