In the 2o1o Utah Senate race there has been a lot of questioning among those of us opposing Bailout Bob Bennett on how the candidates contrast in their political views. While there is a ton that unites them, the two leaders in the race have taken diametrically opposite views over trade during their recent Bob Lonsberry (105.7 KNRS) interviews.
themostsearched became a "free trader" during a Economics 101 course at BYU. We understood and embraced the theory we were taught: two countries each specialized in a an activity will produce greater goods through specialization and thus both can benefit from free trade of those goods.
As the years went by, the application of the theory left something to be desired. Although our markets were opening up through GATT, NAFTA, and such it didn't seem to produce the promised benefits and we seemed to be starting to lose control or sovereignty over our trade. We wondered why in the world do we grant Most Favored Nation (MFN) status (now called Permanent Normal Trade Relations) to China? To a country which runs its citizens over with tanks? To a country which puts lead and cadmium in its toys for our children to get sick and die? To a country which uses slave labor to produce its goods? To a country which has no concern for world pollution? To a country which launches daily, sophisticated computer attacks on our systems?
Our American jobs have disappeared due to free trade and as we lower tariffs we have to raise taxes to provide compensatory revenue. It puts us into agreements we don't want to be in. Somehow the theory of Free Trade has gone the way of manmade Global Warming: it just isn't what it's purported to be. We're not opposed to having some lower tariffs with our close allies, but we need to protect America first.
themostsearched has moved on from our "free trade" position: it simply doesn't work. We are a "fair trader" now. If you are going to restrict US companies from polluting with fines and penalties then why allow the companies to uproot and move to Mexico or anywhere and pollute there? We're just hurting our own selves by outsourcing our "dirty work" so we can feel good. Penalty-high tariffs are needed to prevent this from happening and we need to become as self-sufficient as we can be so in times of war, we are beholden to none. Take for example the role oil has played in our foreign policy because the Obama administration prohibits us from drilling in ANWAR, Utah, offshore, anywhere. Why not raise the tariff on foreign oil while opening up our own God-given natural resources? Now there's a job-creating plan for you America!
First from UtahPatriot the audio excerpt on the Feb 9th Lonsberry Show interview with Mike Lee. UtahPatriot has done an excellent job with the video and comments:
Cherilyn Eagar responded today during her questioning with Mike Lee which themostsearched made the following clip (sorry no fancy comments like UtahPatriot):
themostsearched praises our hopeful future Senator Eagar for her courageous and informed position on Fair Trade.
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