Re:U.S. Readies $11B in Tariffs on E.U
by munk-a on Wednesday April 10, 2019 @08:59PM
(#19630179)
Your tax dollars are going to prop up a failing company that is producing substandard products that have gotten people killed - I don't see how you could mentally position yourself to be alright with this.
The general idea of protectionism is less controversial - I think it is generally bad[1] due to the economic effects of it. But if you're in favor of protectionism you can check any claim you have to free-market economics or de-regulation for growth at the door, protectionism is basically the Ur-form of regulatory capture and state-capitalism so being pro-Boeing subsidies and then claiming that the US becoming "socialist" is terrible is just logically inconsistent.
[1] I'd leave the notable exception of when it's used to specifically stimulate economic sector growth - propping up a robotics company in TN to create a labour pool that enables other companies to grow out of the labour availability is a pretty good usage.
The general idea of protectionism is less controversial - I think it is generally bad[1] due to the economic effects of it. But if you're in favor of protectionism you can check any claim you have to free-market economics or de-regulation for growth at the door, protectionism is basically the Ur-form of regulatory capture and state-capitalism so being pro-Boeing subsidies and then claiming that the US becoming "socialist" is terrible is just logically inconsistent.
[1] I'd leave the notable exception of when it's used to specifically stimulate economic sector growth - propping up a robotics company in TN to create a labour pool that enables other companies to grow out of the labour availability is a pretty good usage.