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To: Mariner
Statement one is false - US was mercantilist from 1780 to 1942 while the UK was a free trader nation. In fact, tariffs as a percentage of total imports was very similar in the two nations and was actually much higher in the U.K. in the early 19th century.

Statement two is stupid - “Capital Stock”?!? Who cares? That is not how a nation is judged. Why not pick an equally meaningless term such as carbon emissions?

Statement three shows poor analysis - China has grown over the past 40 years due to a reduction in the government control/communism in its economy.

Statement four is crass - mental masturbator?

The truth - Over the past 200+ years we have seen a global decline in tariffs as a percentage of goods traded. During that time economies have flourished. Those countries that have dropped tariffs the most have flourished the most - US and U.K. Countries who have removed tariffs less have flourished less - France. Therefore tariff reduction is a cause of, if not it is at least highly correlated with, an increase in national power.

All of these tariff rates as a percentage of total imports may be googled.

46 posted on 06/08/2019 9:40:17 PM PDT by impimp
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To: impimp

For those unfamiliar with the term Capital Stock...It’s a basic reference in Economics 101.

https://www.quora.com/What-is-capital-stock-in-economics

It’s a term smart people care about. And a real measure of wealth.


47 posted on 06/09/2019 1:23:37 PM PDT by Mariner (War Criminal #18)
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To: impimp

Additionally, the tables on the right-hand side of this article support my contention that the US had very high tariffs through the 19th century, while England, starting around 1820, had nearly none.

Of note, it was during the period 1820 - 1920 the British Empire essentially collapsed.

https://en.wikipedia.org/wiki/Tariff_in_United_States_history


48 posted on 06/09/2019 1:37:32 PM PDT by Mariner (War Criminal #18)
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To: impimp

You are full of curry. The USA funded the Federal Government with tariffs from 1789 until 1913. The USA was indeed a text book merchantilist nation during that time. Those are facts not in dispute. So stuff your Free Traitor™ lies.


64 posted on 06/09/2019 8:27:42 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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