Why The Donald's Protectionism Means A Deeper Swamp And Bigger Government

Protectionism — laws and administrative rulings by which government determines the prices and quantities of imported goods and services — is government regulation. So, it is probable that the current administration, which lists deregulation as among its glistening achievements, is producing a substantial net increase in economic regulation.

The American Action Forum, a center-right advocacy group, says the Trump administration’s deregulatory efforts have saved Americans $1.3 billion this year. That, however, is only about one-ninth of the sum ($12 billion) of taxpayer dollars flowing to a small portion of taxpayers (those who are engaged in agriculture, less than 2 percent of the population) as recompense for injuries the government has done to them, and to all consumers, by protectionist policies that have provoked retaliatory tariffs against U.S. agricultural products.

 

 

https://www.nationalreview.com/2018/10/trump-administration-protectionism-economic-regulation/

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