Saturday, August 3, 2019

Who in hell, sir, do you think you are?

A Don Boudreaux open letter to, as he puts it, the Economic Ignoramus-In-Chief:

Mr. Donald J. Trump
1600 Pennsylvania Ave., NW
Washington, DC 20500

Mr. Trump:

Attempting to justify that which is economically and ethically unjustifiable – namely, the punitive taxes that you impose on Americans who purchase imports from China – you (as reported by the Wall Street Journal) declared yesterday about the Chinese that “If they don’t want to trade with us anymore, that would be fine with me.”

Who in hell, sir, do you think you are? What gives you the moral authority to elevate your personal preferences over those of the millions of Americans who choose to trade with the Chinese? What gives you the right to deny to these fellow citizens the gains from trade that they obviously believe they enjoy as a result of such trading?

Nothing. Nothing whatsoever.

Yes, in 2016 you won a nationwide popularity contest. But that victory means neither that your fellow Americans, all 327 million of them, thereby come to share your personal preferences, nor that you’ve acquired the right to elevate your personal preferences above those of any other individual.

All of your huffing, puffing, and pontificating about trade reveal that your eye-popping economic ignorance is matched only by your monstrous arrogance in assuming that you and your sidekicks are entitled to override the peaceful commercial choices of others.

Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA 22030

The above originally appeared at Cafe Hayek.

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