It’s an election year, so here comes a ‘manufacturing crisis’ that isn’t
1/19/24
< < Go Back
by George Will,
from The Washington Post,
1/19/24:
If your constant objective is to expand government’s permeation of society — to enlarge its role in the allocation of capital and opportunity — you have a permanent incentive to invent or misdescribe social problems. So, if you are a progressive, you will embrace the myth of a U.S. “manufacturing crisis.”
This is a perennial excuse for protectionism and other manifestations of “economic planning” by a supposedly clairvoyant government. Which is socialism, under the anodyne title of “industrial policy.”
More From The Washington Post (subscription required):
Rss Feed