Tuesday, August 7, 2018

Crony Capitalism comes to the US Commerce Dept

Tuesday's Wall St Journal main editorial has this story.  After Trump's heavy steel and aluminum tariffs, lots of injured companies are filing complicated paperwork to claim "exemptions" from the tariff.  The Journal laments all the time wasted on complex government red tape. 
   The real outrage is that some companies get exempted from the tariff, giving them a huge advantage over their competitors.  The is crony capitalism at its most blatant.  If we are gonna do tariffs, everyone ought to pay them.  Letting some companies off with "exemptions" is pure injustice, bribery, and conduct unbecoming a trash collector, let alone an elected  democratic government. 
  No exemptions for anyone, ever.
 

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