And you will be one too. It’s only a matter of time. Trust me. It’s coming. You will eventually agree with me. And for a very simple reason: it’s the only way out. It’s the only way to prevent China from superseding our superpower status.
In the 1840s, Great Britain adopted free trade. In the 1860s, we here in the USA slapped on a huge tariff, kept out British industrial goods, grew up our own industrial economy, and dethroned the British Empire a few decades later.
Today, we are repeating the strategic blunder of the British. We have thrown our borders wide open to Chinese products, and are in the process of being overtaken.
However, there is a crucial difference: we have seen this movie before.
The British didn’t know what they were in for by adopting their foolish new ideology. We have the benefit of hindsight. We know exactly what is going to happen, and because of that we have an excellent chance of pulling out before it is too late.
So, my advice to you is to declare yourself a protectionist now, for the bragging rights, before all the cool kids are doing it.
Note: After being a life-long, “free trade” knucklehead Libertarian, I turned protectionist back in 2009. I have written this post just to make my position unambiguous and emphatic.