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US not among freest economies
The freest economies in the world are in Asia and Europe, says a new study.
The reason? Democrats and big-government Republicans who push tax increases and restrictions on trade.
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While Europe was moving more greater economic liberalization, the prevailing sentiment in the United States was protectionism, said Mary Kissel, the editorial page editor of the Wall Street Journal's Asian edition.
"We have Democratic candidates coming out against free trade agreement and for higher taxes," she told reporters. "On the Republican side too, there's talk of protecting American jobs. Meanwhile, you have a Congress which is considering a clutch of bills aimed at punishing China for exporting too much to American consumers."
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The "protect jobs" mantra is bunk. Don't believe the Democrats' bull. Trade is good.
-Matt Hittle
Posted at 08:45AM Jan 15, 2008 by College Republicans in Economics | Comments[0]
