Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DannyTN
Raise Import tariffs. It’ll provide the government more revenues to help pay for this, while encouraging more production here at home. Jobs are needed to get people off of welfare.

Absolutely!! Just look at the stunning success of Smoot-Hawley in preventing the Great Depression. Well, maybe not.

42 posted on 08/08/2012 9:13:51 PM PDT by Bob
[ Post Reply | Private Reply | To 3 | View Replies ]


To: Bob
There are a lot of opinions about what caused the Great Depression. Smoot-Hawley may have been unfairly blamed.

The fact remains that 25% of our people are unemployed, yet you walk into any wal-mart store and most of the goods are made in China. Why are we paying China to do what we have unemployed sitting around that could do for our selves?

When you look at the history of tariffs, our founding fathers started out with protective tariffs on the order of 15%. Since 1980 we've almost completely eliminated import tariffs, and our domestic manufacturing has paid the price in jobs.

Tariffs in United States history"

43 posted on 08/09/2012 8:10:55 AM PDT by DannyTN
[ Post Reply | Private Reply | To 42 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson