A Quote by Kevin Watkins
We want a comprehensive package that covers export subsidies, tariffs and overall levels of support. British Prime Minister Tony Blair is making central to his summit speech that he wants to abolish all export subsidies. It is up to him to push the European Union in that direction, and the U.S. needs to reciprocate.
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On Sunday, the president flies to the Azores islands to attend a summit with British Prime Minister Tony Blair and Spanish Prime Minister Jose Aznar, and here's my prediction: Bush gets voted off.
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Tony Blair is not just the worst prime minister we've ever had, but by far the worst prime minister we've ever had. It makes my blood boil to think of the British soldiers who've died for that little liar.
There was nothing natural about laissez-faire; free markets could never have come into being merely by allowing things to take their course. Just as cotton manufactures were created by the help of protective tariffs, export bounties, and indirect wage subsidies, laissez-faire was enforced by the state.
Tony Blair was a good politician but not a good Prime Minister, and that's what we don't want to be. We don't want to be just people who are good at winning elections: we want to be good at governing. I think we benefit from having seen the mistakes that we think Tony Blair made in 1997.
This was absolutely an attack on [British Prime Minister] Tony Blair, principally, and the perspective which is really predominant in Europe right now that he's not questioning enough of Mr. Bush's policies.
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Giving subsidies is a two-edged sword. Once you give it, it's very hard to take away subsidies. There's a political cost to taking away subsidies.
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The really big problem with China is that there are the unfair trade practices, like currency manipulation, illegal export subsidies and the theft of intellectual property, but then there's also things that the WTO doesn't cover that it should, which is the use of sweat shops and pollution havens.
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However imperfectly, subsidies for the poor do actually reduce hunger, ease suffering and create opportunity, while subsidies for the rich result in more private jets and yachts. Would we rather subsidize opportunity or yachts? Which kind of subsidies deserve more scrutiny?
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