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To: walford
It is no accident that the Industrial Revolution coincided with the American Revolution.

The industrial revolution happened in the USA during a time of steep protective import tariffs. Conversely the de-industrialization ongoing in the USA is happening with no protective tariffs in place. In case anyone cares about the truth.

3 posted on 07/04/2016 10:47:10 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

https://fee.org/articles/the-smoot-hawley-tariff-and-the-great-depression/


5 posted on 07/04/2016 10:52:28 AM PDT by walford (https://www.facebook.com/wralford - I use Facebook for blogging daily. Feel free to "friend" me.)
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To: central_va

And yet, many of our modern wonders depend on things that can’t be had domestically in sufficient quantity if at all. There is no one size fits all best policy for every commodity.

There are complaints about becoming a service economy, but in truth an economy is always a service economy. Its medium may vary, but it is always selling a service.

Some of the biggest political follies are those that lock up domestic resources, unnecessarily throwing our dependence upon foreign sources. This isn’t to protect nature, this is to move its travails to another part of this terrestrial ball, and usually where it would be done much worse than it could be done here.


6 posted on 07/04/2016 10:56:02 AM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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