Friday, January 30, 2009
More on our first Socialist President
According to the WP in the last days of the Bush Administration they imposed duties on Roquefort cheese, truffles, Irish Oatmeal, Italian wine and foie gras. The Post says this was in "retaliation" for European restrictions on American beef. Whatever the motive, it is a crock. This kind of tariff "tit for tat" never produces the desired result - at least for consumers. But then that is not the real purpose of tariffs.
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