Comments on: “Buy America” http://www.redstate.com/pejman_yousefzadeh/2009/01/03/buy-america/ Thu, 14 May 2009 16:10:42 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: mikefisk http://www.redstate.com/pejman_yousefzadeh/2009/01/03/buy-america/#comment-3615 mikefisk Sat, 03 Jan 2009 20:38:57 +0000 http://www.redstate.com/pejman_yousefzadeh/?p=839#comment-3615 ...I lived in Cleveland when the last set of tariffs went into place on imported steel, and the local media went nuts because it saved LTV and Republic Steel, and the roughly 500 employees that worked at those two mills. About a year later, GM, citing the high costs of steel, laid over a thousand people off from the Lorraine Assembly Plant. Here we have a clear-cut case of protectionism costing more jobs than it "saved", and even still it's ignored. (By the point GM was winding down Lorraine, the media was already into blaming Bush for the hardships.) Hopefully somebody is able to point this out to the people running things, although I highly doubt it will ever happen. …I lived in Cleveland when the last set of tariffs went into place on imported steel, and the local media went nuts because it saved LTV and Republic Steel, and the roughly 500 employees that worked at those two mills. About a year later, GM, citing the high costs of steel, laid over a thousand people off from the Lorraine Assembly Plant.

Here we have a clear-cut case of protectionism costing more jobs than it “saved”, and even still it’s ignored. (By the point GM was winding down Lorraine, the media was already into blaming Bush for the hardships.) Hopefully somebody is able to point this out to the people running things, although I highly doubt it will ever happen.

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