Comment by energy123
17 days ago
It's stupid because trade imbalances aren't necessarily a problem, and are sometimes a good thing that you need.
17 days ago
It's stupid because trade imbalances aren't necessarily a problem, and are sometimes a good thing that you need.
That doesn't make the policy stupid, it means you disagree with the opinion that led to the policy.
A policy driven by a stupid opinion/belief is stupid.
If I have an opinion the Earth is flat, and form a policy based on it, like say how to navigate an airplane over a long distance, that makes my policy stupid.
If that's the line, the policy is st least in good company.
We have plenty of policies based on inaccurate, incomplete, or flat out wrong information. If bad information means stupid opinions and stupid policies, you'd be hard pressed to find a smart policy.