Feds have their Toyota bashing pedal to the metal

Ray LaHood, U.S. secretary of Transportation, suggested Toyota drivers ‘stop driving’ their vehicles, something he later called a ‘misstatement.’ How would his ‘misstatement’ have set with the Jimmy Hoffas of the world had it been pointed at a unionized, bankrupt, government-owned American operation? Imagine the UAW’s disdain had House Energy and Commerce Committee Chairman Henry…

Economics 101: Free Trade

From Cafe Hayek… Rep. Gene Taylor (D-Mississippi)Capitol HillWashington, DCDear Rep. Taylor: You propose to remove the U.S. from NAFTA. Your stated reason is that the freer trade made possible by NAFTA destroys jobs in your state. If you’re correct – that is, if it’s true that preventing people in one political jurisdiction from trading freely…