Posted on 02/23/2004 12:11:31 AM PST by ETERNAL WARMING
Reread your history about when the tariffs were introduced 1760's and when they were repealed 1860's and what happened to teh great British Empire over the period when tariffs were unilaterally eliminated. It declined significantly.
Clearly tariffs were not good. China and India went with socialism and tariffs and got the usual tyranny, poverty and death. Hong Kong went with free markets and got a output per citizen that was even bigger than the United States. Now the former socialists are starting to see the light and embrace more free markets so of course their economies are growing. Its real simple: FREEDOM WORKS
Clearly tariffs are totally opposed to Socialism. It is Socialist nations that are embracing the WTO. You lied abouit British History. Hong Kong's output was in part due to its location and the one of the few ways into the PRC and a haven for commerce. Tariffs have universally resulted in teh build up of nations.
However since you lie about history I guess it is impossible to draw reasonable conclusions from what you say. Right now India has one of the best growth rates in the world. So does China both ahve very restrictive trade policies.
Reread your history about when the tariffs were introduced 1760's and when they were repealed 1860's and what happened to teh great British Empire over the period when tariffs were unilaterally eliminated. It declined significantly.
Clearly tariffs were not good. China and India went with socialism and tariffs and got the usual tyranny, poverty and death. Hong Kong went with free markets and got a output per citizen that was even bigger than the United States. Now the former socialists are starting to see the light and embrace more free markets so of course their economies are growing. Its real simple: FREEDOM WORKS
Clearly tariffs are totally opposed to Socialism. It is Socialist nations that are embracing the WTO. You lied abouit British History. Hong Kong's output was in part due to its location and the one of the few ways into the PRC and a haven for commerce. Tariffs have universally resulted in teh build up of nations.
However since you lie about history I guess it is impossible to draw reasonable conclusions from what you say. Right now India has one of the best growth rates in the world. So does China both ahve very restrictive trade policies.
Says you! Here's a few tidbits I found on the web. Here's a little tidbit about a tariff that England enacted on grain (the corn laws) in 1815 and repealed in 1846. More proof that tariffs are bad except for the privileged few that they are designed to benefit. According to this web site Britain was a free trade country between 1846 after the repeal of the corn laws (grain = corn in this context) until they were reintroduced in 1932. Here's what it had to say about the era of free trade:
The success of the Corn Law repeal encouraged the government to remove the tariff on other foods and on the raw materials needed by manufacturers. With free trade, Britain entered upon its period of greatest prosperity. Iron and steel output expanded greatly. Steam and machinery
came to be used increasingly in every kind of manufacturing process. A tremendous boom in railway building caused many old posting inns to fall into disuse. By 1848 a large part of the new trackage was paralleled by telegraph wires. "Penny postage," introduced throughout the British Isles in 1840, provided a cheap and uniform postage rate prepaid with an adhesive stamp. Commerce was set free in 1849 by the repeal of the old Navigation Laws, which had permitted only British ships to carry goods between different parts of the empire. The application of steam power to oceangoing vessels stimulated the growth of the merchant marine and the navy. Commerce expanded enormously. In 1851 the country celebrated its industrial progress in the first great international fair, called the Great Exhibition.
Note it was the removal of tariffs and trade regulations that made all this happen. It should be noted that England started to embrace socialism before 1932. That's the first cause of decay, when it reestablished tariffs in 1932 that's what put the decay into overdrive.
Clearly tariffs are totally opposed to Socialism.
What is socialism if not legalized theft and arbitrary regulation? Tariffs are the very essence of socialism!
It is Socialist nations that are embracing the WTO.
Of course they are! They get to use a world court to try and increase taxes and regulations on otherwise sovereign nations! Hardly the essence of free trade, more like the essence of SOCIALISM again.
You lied about British History.
Where's the beef? Britain was still a mighty empire between 1846 and 1932, the time of free trade.
Hong Kong's output was in part due to its location and the one of the few ways into the PRC and a haven for commerce.
You also had Shanghai as an access to China. What made Hong Kong so special that its citizens did so much better? WHY was it such a haven for commerce? The answer: they had free trade, the other Chinese had socialism and tariffs!
Tariffs have universally resulted in the build up of nations.
Like bountiful and beautiful East Germany and poor and backward free trader West Germany? Like prosperous and happy North Korea? North Koreans really have strict rules on trade unlike those poor free traders to the south.
However since you lie about history I guess it is impossible to draw reasonable conclusions from what you say.
It ain't lying if I can back it up, which is why I got the links this time to prove it! I however won't accuse you of lying, I truly believe you are genuinely ignorant instead and that is why I have endeavored to enlighten you, along with all the other protectionist types who mistakenly think they are promoting the common good. I give you the benefit of the doubt that you are not invincibly ignorant!
Right now India has one of the best growth rates in the world. So does China both
have very restrictive trade policies.
They are moving to market economies. That alone is enough to generate improvement, in spite of any tariffs.
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