How Santa landed on Trump’s naughty list |
Millions of American children are looking forward to Santa Claus’s visit and his sleigh full of presents. Timeless tradition? Harmless fun?
Not anymore. The United States has adopted a new philosophy about foreign trade under President Donald Trump, and jolly old St. Nick is desensitizing American kids to the dangers of trade deficits.
Here’s how Claus gains an illicit advantage and creates a trade deficit. Claus is not an American, and he brings his gifts from the North Pole (which is suspiciously close to Canada, a country that threatens U.S. national security). The gifts are produced by elves who don’t have the protections of U.S. labor laws in workshops that aren’t subject to U.S. environmental or safety standards. Claus has stolen jobs from American workers with his industrial policy,........