To: Orbiting_Rosie's_Head
Northern labor pre civil war was more costly then slave labor. And post civil war the southern economy changed and became prosperious because it was forced to use and compete with high cost labor. This is what the free traders do not understand, an economy is built bottom up by creating a marget that can afford to consume the products that the economy produces. Henery Ford understood this which is why he became rich by paying his workers a high wage. "I want my workers to be able to buy my cars" H. Ford.
170 posted on
03/06/2004 6:11:30 AM PST by
jpsb
(Nominated 1994 "Worst writer on the net")
To: jpsb
Northern labor pre civil war was more costly then slave labor.That's true, but the ecomomy of the North still had a low-wage pool of immigrants. Anyway, I agree that a tariff revenue economy is far superior to an economy that taxes income and capital formation. Income taxation and its defenders are just plain stupid.
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