Big Labor Wins, And Americans Lose … Again

Conn Carroll / September 14, 2009

As if President Barack Obama’s decision to undermine the rule of law and give the United Auto Workers their own taxpayer bought auto company wasn’t bad enough, now President Obama has again chosen to punish the American people by choosing narrow big labor interest over free market principles.

This time the issue is trade and as we noted this weekend, President Obama has chosen to apply heavy tariffs to passenger car and light truck replacement tires made in China. University of California at Berkeley economics professor Brad DeLong notes that the International Trade Commission (ITC) forecasts an increase of $3.50 per tire and that big labor says the tariffs will save 10,000 jobs and writes: (more…)