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To: LowCountryJoe
You are close, but wrong.

Quotas and tariffs are NOT socialism. For them to be socialism, you would have to remove choice from the equation. No one need complete a transaction which is conditioned upon a quota, or required tariff.

It can be called 'social-engineering, persuasion, motivation, among other things, but Socialism is a bit much.
30 posted on 02/24/2004 6:52:27 PM PST by Pukin Dog (Sans Reproache)
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To: Pukin Dog
It can be called 'social-engineering, persuasion, motivation, among other things, but Socialism is a bit much.

Fair enough, but if I'm an importer of some resource that is used as an input for my finished product and you as an elected official hamstring me by increasing my cost due to some tariff - causing me to have to raise my prices, causing less demand/consumption, dead weight losses - I'm taking my business, my provided labor opportunities, and the tax revenue that I would have generated to some other shore; some place where the government is a lot less interfering with their "well meaning" policies.

34 posted on 02/24/2004 7:04:28 PM PST by LowCountryJoe (Shameless way to get you to view my FR homepage)
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