William McKinley: Prostitute of Protectionism

In his inaugural address President Trump called President William McKinley (1897-1901) “great” and proudly announced that he had changed the name of Mount Denali in Alaska back to Mount McKinley. The reason the president picked McKinley of all past presidents to heap praise upon is that McKinley was a lifelong political tool of big business, primarily Northern state manufacturers who championed protectionist tariff taxes so rabidly that he was called “the apostle of protectionism” and “the Napoleon of protectionism.”

President Trump’s election is said to be a “populist” victory against the deep state establishment, but there is nothing more anti-populist than protectionist tariff taxes. Protectionist tariff taxes are nothing more than a price-fixing conspiracy orchestrated by the state that enriches a relatively small group of politically connected corporations (and their unions) by plundering their consumers with higher prices. After all, if it is possible to use tariffs to force foreigners to pay a county’s taxes, every government on earth would be doing it. Yet President Trump apparently believes that he has discovered some kind of holy grail of economics that proves you can get something for nothing after all.Brion McClanahan

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