When free trade and corporatism collide
You may remember my post from last week about consumers paying $2.5 billion in tariffs on imported sugar, which is part of the cost of protectionist policies.
CNBC recently had a free trader and someone from a special interest group to discuss the issue. Take notice how the guy representing farm interest immediately ties getting rid of these tariffs to importing oil and getting rid of the US sugar industry. He just doesn't believe in competition:
H/T: Club for Growth
