Tuesday, November 11, 2003

So, the WTO has imposed sanctions on the US for tarrifs on steel.

The US steel industry can't compete because it's saddled with expenses for worker benefits and pensions which it pays in lieu of state provided health care, pensions and social safety nets. It looks like it's just as expensive, if not more expensive, for firms to provide these benefits directly to workers than it would be to kick in to the common pot through higher taxes so that the state can provide them. What you gain on the swings you lose on the roundabouts.

The solution is obvious. Fire those spoiled unionized blue collar workers and replace them with a crew of less uppity, non-union wage slaves. Compassionate conservativism isn't any better than bleeding-heart liberalism--to get the benefits, do like Walmart.