Pro, or con?

C

Cancel8

Canceled
Pro: Supporters of "protectionism" claim that keeping out foreign goods saves domestic jobs, giving American industries a chance to recover and prosper on a "level playing field", and reduces the trade deficit.

Con: Opponents of "protectionism" laws say such measures artificially raise taxes (tariffs) on imported goods and/or impose limits (quotas) on the amount of goods America permits to enter our market.

Opponents say tariffs restrict our choices and increase the cost of goods, so under "protectionism" the American consumer ends up with less. In addtion, "free traders" argue that there is a significant risk of "trade wars" cutting off our access to foreign markets and vital imports of raw materials.

So, who's got the better argument?
 
The pro-protectionists have a better argument, obviously. cheaper prices mean squat when your income is zero because a slave has taken your job.
 
But all kidding aside, the point mojo is that we don't have to fear a trade war, because merely producing for our own needs would mean an increase in production across many sectors. So you can stop fear mongering about the alleged evils of protectionism.

Protectionism will save american lives.
 
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