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To: Chi-townChief
"But by no honest reckoning is the United States the “land of opportunity” it once was, and the race looks less fair every day. Advantages and opportunities are skewed to the few against the many,...

The fix is as simple as restoring the protective import tariffs our founding fathers had in place, and putting Americans back to work for Americans.

But given that neither candidate or party gets this, it's as likely as growing turnips that grow roots of pure gold.

3 posted on 11/13/2012 10:41:14 AM PST by DannyTN
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To: DannyTN
The fix is as simple as restoring the protective import tariffs our founding fathers had in place

Not exactly. The first tariffs were exclusively for purposes of revenue, not to protect domestic industries.

The War of 1812 brought forcibly to America's attention that importing all or most of its necessary military supplies from potential enemies might not be the best possible idea.

Also at about this same time the Brits were "dumping" goods into America because the French had imposed a blockade of British imports on their empire.

The first real protective tariff was passed in 1816, quite a long time after the Founding, and reached its peak in 1828, when A. Jackson squashed an incipient southern revolt led (as usual) by SC.

Rates went down after that, right up to the WBTS.

12 posted on 11/13/2012 11:19:26 AM PST by Sherman Logan
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