There was on Monday a quintessential example of the horrendously bad thinking of those opposed to all things intellectual property. An op-ed totally disconnected from Reality – and chock full of thought-free, pathetic anti-property platitudes.
It is sad that so many remain steadfastly impervious to facts. But they do, so we will address this latest bit of inanity – so that the many who remain receptive to Reality may be properly informed.
We speak now of Truthout’s Dean Baker extrusion Think Trump’s 45 Percent Tariffs Are Bad? Try Obama’s 10,000 Percent Tariffs. Which mangles much of the English language – in service of much muddled thinking. Baker begins:
“Lately the media have been going wild mocking Donald Trump’s plans to put 45 percent tariffs on imports from China. They are partly right. It’s not clever to indiscriminately impose large tariffs on major trading partners in violation of existing trade agreements….
“But what is even more striking is the selective concern over tariffs. While Trump wants to put large tariffs on imports from some of our major trading partners, President Obama is actively pushing to have far larger tariffs imposed on a wide range of goods in his trade deals, most importantly the Trans-Pacific Partnership (TPP). Measures in the TPP pushed by US negotiators will raise the price of many items by several thousand percent above the free market price.”
Tariffs are, of course, taxes. We conservatives don’t like taxes – so this may be an attempted appeal to our sensibilities. A 10,000% tariff? That would be awful. Except to what Baker refers – isn’t any sort of tax at all. More