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Scott Lincicome @scottlincicome
, 3 tweets, 1 min read Read on Twitter
❌are regressive & inefficient, costing consumers (esp poor ones) a LOT to help a few workers
❌deter competition, innovation & productive investment
❌don't work in the long-run, w protected cos not modernizing, still failing
❌breed govt corruption, picking winners/losers
❌Alienate allies & undermine US national security/soft power
❌Harm US exporters via retaliation and/or higher input costs
❌Deter global economic development
❌Force US families & biz to (often unwittingly) subsidize well-connected industries/unions
❌Grow govt/bureaucracy
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