"My name is Tommy 'Hyperspin' DiLorenzo. I wrote a little book that makes Abe Lincoln look like the worst deranged Klansman! Buy my book!"
In fact, modern Republicans are almost a mirror image of the original party. Protectionism was a high priority of the early Republican Party. They quickly enacted the Morrill Tariff, which raised tariff rates to extremely high levels, and their extreme protectionism continued throughout the era of Republican dominance. There is really little debate that these Republicans were the primary proponents of protectionism, particularly in the areas of steel and textiles. Modern Republicans, from Reagan to Bush II, have given us protectionism for a variety of favored industries, including steel, as well as the "managed trade" of NAFTA and the WTO.
What?
This can't be!
Reagan was a conservative and Lincoln a tyrant!
http://www.mises.org/fullstory.aspx?control=1476
"My name is Tommy 'Hyperspin' DiLorenzo. I wrote a little book that makes Abe Lincoln look like the worst deranged Klansman! Buy my book!"