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protectionist policies hurt the end consumer more than they protect the workers. It's already bad to have any sector that is protected from competition (foreig
by chii 3y ago
protectionist policies hurt the end consumer more than they protect the workers.
It's already bad to have any sector that is protected from competition (foreign or domestic), why look to expand it?
- supertrope 3y agoThat's that magic of concentrated benefits and diffuse harms. The inverse is manufacturing workers who suffer concentrated harms from cheaper foreign competition and everyone else enjoys the slight benefit of cheaper TVs.