Regulation, Free Trade and Mexican Trucks
NAFTA nail is about to be hammered into the coffin
only that, but the anti-competitive and burdensome yoke of over-regulation of
our industry at home is about to send a lot more Americans to the unemployment
lines. The American Trucking industry has been heavily regulated since 1935.
The express purpose of The Motor Carrier Act was to eliminate competition
through permitting, regulating tariff rates, even approving routes.
American trucking companies have been fighting ever since for some relief from
the substantial regulatory burdens placed on them. Regulatory compliance
is the single most daunting barrier to entry, and eats up huge amounts of
profit. Now, to add insult to injury, Mexican trucking companies, not
subject to the same onerous standards, will be allowed to roll right in and
squeeze American industry further. This will severely undermine the
ability of American trucking companies to remain solvent.
fact that this is being done in the name of free trade is disturbing.
Free trade is not complicated, yet NAFTA and CAFTA are comprised of thousands of
pages of complicated legal jargon. All free trade really needs is two
words: Low tariffs. Free trade does not require coordination with another
government to benefit citizens here. Just like domestic businesses don't
pay taxes, foreign businesses do not pay tariffs – consumers do, in the form
of higher prices. If foreign governments want to hurt their own citizens
with protectionist tariffs, let them. But let us set a good example here,
and show the world an honest example of true free trade. And let us stop
hurting American workers with mountains of red tape in the name of safety.
Safety standards should be set privately, by the industry and by the insurance
companies who have the correct motivating factors to do so.
trade is not the problem, and pseudo free trade is what is being offered in the
wrongly named North American Free Trade Agreement and all its offshoots.
The problem is a government-managed economy and the burdensome regulation that
results. For our economy to remain competitive in the world, we must
remember what it is to be truly free. We must lift the regulatory
shackles threatening to sink our industries into oblivion. Free trade
begins with freedom domestically, and we can't afford to lose that.