It might be free of trade distorting subsidies.
Maybe some day when all the countries of the world are so bankrupt they can't pay them. In which case, subsidies will be the least of our problems.
The line that we will be free of trade distorting subsidies is a fairy tale. It ain't going to happen. They will always be there.
How many FTA's do we have to sign before we learn that not everyone who signs on has any intention of giving up any of their own subsidies? Don't we ever learn? How many times has the U.S. brought in measures that effectively cancelled what they signed on to with NAFTA?
I've lost count.
Maybe some day when all the countries of the world are so bankrupt they can't pay them. In which case, subsidies will be the least of our problems.
The line that we will be free of trade distorting subsidies is a fairy tale. It ain't going to happen. They will always be there.
How many FTA's do we have to sign before we learn that not everyone who signs on has any intention of giving up any of their own subsidies? Don't we ever learn? How many times has the U.S. brought in measures that effectively cancelled what they signed on to with NAFTA?
I've lost count.
Comment