- The massive regulatory burdens on American businesses are dissolved in order to permit genuine competition with the globe
- Economic protectionism is applied so that the heavily regulated American business can compete on price with less-regulated foreign businesses
In both cases, the prices of goods would increase--in the first case, less than the second. But both would be better than the current status quo, in my opinion.
I don't want to live in a country where I have to pay American prices for goods and services, but the owner class only has to pay foreign prices for labor and supply. I have no desire to be outcompeted by foreigners while my hands are tied by local laws.
Comments
I'd be fine with either:
- The massive regulatory burdens on American businesses are dissolved in order to permit genuine competition with the globe
- Economic protectionism is applied so that the heavily regulated American business can compete on price with less-regulated foreign businesses
In both cases, the prices of goods would increase--in the first case, less than the second. But both would be better than the current status quo, in my opinion.
I don't want to live in a country where I have to pay American prices for goods and services, but the owner class only has to pay foreign prices for labor and supply. I have no desire to be outcompeted by foreigners while my hands are tied by local laws.