To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Share Embed Share URL Video File Node URL Embed Code <iframe title="MRC TV video player" width="640" height="360" src="https://www.mrctv.org/embed/2480" allowfullscreen></iframe> The Lieberman-Warner legislation is bad for the economy for these three reasons: 1. It’s a huge new tax. 2. It will negatively impact the economy by lowering incomes. 3. And, it will establish a new trade bureaucracy.