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To: NKStarr
...but I suspect that he would have concluded that the benefits of low tariffs are worth the price of having these cumbersome agreements.

NO. We have his actual example. Insisting on fair agreements with Japan as one example. Putting tariffs up to protect Harley Davidson, requiring domestic content requirements of the automakers, etc.

I agree with Milton Friedman - we don’t need any agreement to lower tariffs, we can do so unilaterally.

To which Reagan, who had appointed him as chair of his Council of Economic Advisers, respectfully declined to implement, because he recognized more astutely than Uncle Miltie, that we needed to engage the foreign "trading partners" to not only eliminate the overt barriers to our productive exports, but the non-tariff barriers as well.

To that end, we needed leverage. Those without reciprocal barriers have no leverage. As Bush has proved over, and over, and over and over and over and over again with the Chicoms. They laugh themselves silly when he puffs up his chest and says they are doing wrong.

They call his bluff every single time. He will not betray his import lobby backers, and defend the country. They know it. He knows it. And I am willing to bet YOU KNOW IT TOO.

And there is nothing "conservative" about him or what is being passed off as Free trade...when it isn't. It is phoney. Just like the Democrat's phoney soldiers.

363 posted on 10/04/2007 4:14:21 PM PDT by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
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To: Paul Ross

Well on the issue of trade,we just disagree.
But on the issue of Reagan, there is no disagreement - he was a great man and I miss his leadership.


379 posted on 10/04/2007 5:27:13 PM PDT by NKStarr
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