In article , "G.R. Patterson III"
writes:
Wdtabor wrote:
What the market does is to manipulate the demand. The market says "You
don't
*really* want *that*. Here's what you *really* want."
Actually, what it says is that if you *really* want that, it will cost you
$$$$$. But if that is too much, we can provide this instead at $$$.
Try to locate 1/2" plywood at any price in the U.S. Then take a look at how
much
money the lumber industry spent lobbying Congress for the rules that prevent
Canadian companies from selling it to us. And if you don't think there's a
demand for it, bring the subject up in home repair and woodworking groups.
If you're looking for me to support import restrictions to protect domestic
industries, you'll be disappointed.
But that says nothing about the free market. On the contrary, unholy alliances
betwen industry and government to suppress free trade are one of the things we
Libertarians are most opposed to.
A free market must be free. And in the long run, it always punishes those who
try to interfere with it. Whatever jobs import restrictions save in one
industry are more than offset by jobs lost somewhere else because of higher
costs and pinched supplies.
So, again, the free market always wins, but we get slapped around a bit when we
try to outsmart it.
Don
--
Wm. Donald (Don) Tabor Jr., DDS
PP-ASEL
Chesapeake, VA - CPK, PVG
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