More Government Subsidies for Fat Cats

Almost all of us have seen or sat in a La-Z Boy armchair, that classic icon of home-grown American manufacturing. Not all of us know, however, that La-Z Boy remains such a familiar name today because of the manipulation of market forces.

Case in point: La-Z-Boy receives $3 million in anti-dumping duties. The bailouts aren't new—the Byrd Amendment was signed in 2000. In the last 3 years, La-Z Boy has received $18.2 million in anti-dumping duties.

Another less known fact is that small businesses account for around 80% of American jobs. La-Z Boy is not one of those small companies.

Obviously, it would be impossible to distribute $3 million to every single domestic producer or retailer in the nation. The anti-dumping duties are also designed to protect American manufacturing and not retailers. And yet it is retailers who account for a massive percentage not only of the job market, but also of the furniture market share.

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