...1% tariffs for the last 40-50 years and now we have lost a lot of industries and have the highest rate of unemployment...
We can't be back to saying correlation does prove causality. Better is the idea that we show care with numbers and include references. This is what we got when we look at historic unemployment/tariff numbers (linked in your post #117) and it's probably not the direction you intended to go:
|
|
for the past half century |
1/2 century before |
|
average tariff rate |
3.6% |
12.0% |
|
average unemployment |
3.4% |
7.4% |
We weren’t but for some reason you brought us back to that.
Why you would use numbers from two different periods where monetary policy is dramatically different, to try to show a correlation between unemployment and higher tariffs is beyond me.
I also posted a graph from a study that showed that countries that had high trade deficits leading up to 2000 had significantly higher unemployment in 2000 than those countries that didn’t.
When I talk about industries lost, you don’t need a graph to correlate those. We know what industries we lost. We know where we get those goods now. They’ve been off-shored. No correlations needed.