'Conservatives often understand the imprudence of state interventions in the economy and for environmentalist or other causes. Those who have forgotten ought to brush up on their Econ 101 as congressional debates over CBAM proposals unfold.' -David McGarry
Protectionism’s recent, bipartisan resurgence spells nothing but higher costs for consumers and industry. Its popularity stems from a disbelief in unintended consequences. Its costs typically fall hardest on the smallest companies and the poorest consumers. “Bigger multinational corporations might have an advantage because they’re the ones that tend to lay out their decarbonization strategy,”Shuting Pomerleau, a climate policy analyst for the Niskanen Center.
Conservatives typically understand the imprudence of state interventions in the economy and for environmentalist or other causes. Those who have forgotten ought to brush up on their Economics 101 as congressional debates over CBAM proposals unfold.
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