News Flash!

News Flash! - John Kerry has...

...flip-flopped!

The most disturbing political attacks spewing from the droopy mouth of John Kerry are not the expected jibes over national security policy, but rather his stated disdain for free trade. Kerry’s economic ignorance aside, his anti-outsourcing routine is almost comical in light of the fact that his family’s lifeblood, Heinz Corporation, has outsourced 57 of their 79 factories to places like China, India, Singapore, Indonesia, and other such nations that Kerry exploits for political gain when decrying the loss of American jobs.

Expect Bush, Nader, and any other politicians with an interest in highlighting Kerry’s continuous string of hypocrisies to bring this embarrassing issue to light over the summer, even though there is nothing wrong with such business decisions.

The Heinz Corporation’s decision to open factories overseas is a perfect example of how a business can benefit from strategic placement of jobs where a competitive advantage exists. When more can be produced with fewer resources, everyone benefits. Putting government controls over trade will certainly benefit particular interest groups (and the pull-pusher politicians who pander to them), while hurting everyone else with higher prices. Tariffs are simply a tax on consuming international goods, while the dividends of that tax go to the protected group.