Restricting Shoe Imports: Congress Shoots Itself in the Foot
Publication Date: June 1986
Publisher(s): Heritage Foundation (Washington, D.C.)
Author(s): Thomas J. DiLorenzo
Keywords: Trade and foreign aid
Thus far Ronald Reagan has rejected pleas for additional protectionism in the domestic footwear industry by vetoing legislation incorporating quotas. He should continue to stand firm, and Congress should avoid protectionist legislation that may spell good politics in a few districts, but bad economics for American consumers.