In response to:

The Candidates' Trade Nonsense

New Jersy M Wrote: Nov 01, 2012 3:02 AM
Why is it more expensive to make something here than to make it overseas and ship it across the ocean? Well, for one thing we tax domestic production but not foreign production. We should replace the business income tax (and all related taxes) with a national sales tax. Then people will see how much they are being bled, and overseas producers will face the same costs as domestic producers.
A national political campaign can be a good vehicle for educating the citizenry about vital issues -- whether fiscal balance requires tax increases, say, or the pros and cons of health care reform. By Election Day, Americans who have been paying attention will know more about such matters than they did when the race began.

They will know less, though, about international trade and its value to American consumers, producers and economic health. In this, Mitt Romney and Barack Obama call to mind what the 19th-century House Speaker Thomas Brackett Reed said of his foes: "They never open their...
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