{"id":13467,"date":"2024-04-23T17:07:55","date_gmt":"2024-04-23T17:07:55","guid":{"rendered":"https:\/\/lonecandle.com\/?p=13467"},"modified":"2024-04-23T17:07:55","modified_gmt":"2024-04-23T17:07:55","slug":"marco-rubio-is-wrong-about-industrial-policy","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=13467","title":{"rendered":"Marco Rubio Is Wrong About Industrial Policy"},"content":{"rendered":"\n

“Rubio doesn’t even get through the first paragraph of the piece before making a significant error. “Today,” he writes<\/a>, Congress no longer views industrial policy with the same skepticism that it once did, but “what replaces unfettered free trade remains hotly debated.”<\/p>\n\n\n\n

Unfettered free trade? That’s hardly an accurate description of the current status quo in the United States\u2014a fact that Rubio surely knows, since Florida’s sugar and fruit industries are the beneficiaries of some of the most aggressive protectionist policies on the books. Even before former President Donald Trump ramped up the use of tariffs, America had more protectionist policies<\/a> than other large, developed economies: A 2015 report from Credit Suisse<\/a> called the United States the world’s most protectionist developed nation.<\/p>\n\n\n\n

Rubio’s inability to describe the current status quo matters. It’s a failure of the ideological Turing Test<\/a>, and it reveals that he misunderstands the economic policies he’s trying to shift\u2014or that he is deliberately misinforming readers about them. Either way, this ought to call the rest of his claims into question.<\/p>\n\n\n\n

Unfortunately, that’s far from the only mistake in the piece.”<\/p>\n\n\n\n

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Marco Rubio Is Wrong About Industrial Policy<\/a><\/blockquote>