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Beating Back Protectionism
Beginning of article
ELECTION-YEAR POLITICS often bring out the worst of economic policies. Politicians, caught between their policy-making duties and their desire to win re-election, frequently deliver sound-bite solutions to complex problems. Most recently, China has moved into the spotlight as the scapegoat du jour. It is being blamed for everything from cyclical and structural problems m the manufacturing sector to a more prescient political threat, a loss of white-collar jobs.
Middle-market and family-owned manufacturers have been particularly vocal, arguing that the competition created by China is forcing them to shutter operations. I know of one small auto supplier who closed his doors because …
