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The Perils of Protectionism.

Publication: Newsweek

Publication Date: 29-MAR-04

Author: Will, George F.
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COPYRIGHT 2004 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com

Byline: George F. Will

Bob Kerrey, then Senator from Nebraska, sought the 1992 Democratic presidential nomination by advocating protectionism. In one ad, he stood by a hockey net, a trade goalie vigilant to block sinister imports. Voters were unimpressed because, Kerrey insouciantly says now, "they knew I was lying."

He means he knew better. John Kerry's flirtation within protectionism is even odder. When he is not threatening to unilaterally reopen trade agreements to force weaker nations to adopt labor and environmental laws more to America's liking, he is denouncing President Bush for arrogant unilateralism.

Kerry's encouragement of protectionists who preach "anti-globalization" could be lethal--literally. It threatens international trade, the engine of economic growth, which...

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