The Libertarian View: Are Tariffs Bad? - 1 views
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Gary Edwards on 26 Jan 12As many know, i spent quite a bit of time working for a Chinese Company seeking to enter the USA-European software market. My task was to research the market, discover and define a market opportunity, design the product, and then work as product manager to get that service to market. I took this job to better understand the Chinese marketplace and how sovereign Chinese companies work. What i learned is how the Chinese seek to exploit and totally dominate open markets. Software is just a category whose time has come. and there are thousands of Chinese companies lining up. The first step though is to fine tune the existing blueprint used by other Sina sovereigns. amazing stuff. My take away from this experience is that the USA MUST set up a 30% tariff on ALL imports, and do so IMMEDIATELY!!! Yesterday is not soon enough! As a newly minted libertarian, i wondered about the obvious conflict with Austrian Economics and their dedication to free markets and free trade? I found the answer at this Libertarian forum, where many members were in heated discussion. Comment #7 sums it up best i think. Including a link to Ron Paul's Tariff-NAFTA speech. The thing is, the 30% Tariff should be part of an overall TAX REDUCTION PLAN. I support the FAIR TAX and the Balanced Budget Amendment. As an alternative to the Fair Tax, I would also support a 17% flat tax with no exceptions. The ideal situation being an immediate, uncompromising, no exceptions 30% tariff on ALL imports coupled with the Fair Tax and the Balanced Budget Amendment. And yes, i do believe this plan is consistent with the Founding Fathers Constitution. But it took some kind of research to establish that opinion. I've also concluded that "conservatism" is a convenient philosophical vehicle for the corrupt crony corporatism of both the military-industrial-complex, banksters and, international corporations. Free trade and open markets concepts are perverted to become a thin veil