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Tuesday, October 14, 2003

Sen. Elizabeth Dole asserts that the Chinese are responsible for the loss of jobs in the US, especially in North Carolina, the state she represents. While economic statisitics don't support this, I want to encourage her to follow her logic to its conclusion. Every state in the United States that offers lower taxes or better incentives to business is also "stealing" business from North Carolina. She should attack them, too.

In fact, she should go after the state officials who have raised North Carolina's taxes causing businesses to by-pass the Old North State.

She won't. Bring back Smoot-Hawley. We probably deserve the depression we'll get if we can't elect Senators with some sense of how real world economics work.

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