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To: 1rudeboy
Reagan made the Japanese produce cars in America. He protected American motorcycles with tariffs and got foreign producers to produce bikes here too. He imposed tariffs on Japanese electronics. He negotiated "voluntary export restraints" very effectively on autos, machine tools and steel to create jobs in America.

And the companies that benefited instead of growing fat and lazy, were able to attract investment capital and retool and became much more competitive.

And he used trade policy to help crush the Soviet Union.

And Reagan intervened with loans to help Chrysler too.

Ronald Reagan: Trade Realist

67 posted on 11/13/2012 8:09:33 PM PST by DannyTN
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To: DannyTN

Ronald Reagan was instrumental in creating the WTO, NAFTA was his idea, and he favored other free trade agreements. That was the portion of your comment that made me laugh out loud. Your idea is much funnier than some bozo trying to claim Reagan’s mantle as an excuse for the goverment controlling more of our lives (and raising taxes).


69 posted on 11/13/2012 8:25:35 PM PST by 1rudeboy
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