Posted on 02/15/2025 12:15:25 PM PST by E. Pluribus Unum
“If another nation’s industry is done more cost effectively with better quality than America”
America is the least cost-effective nation on Earth.
Our teachers are among the least efficient on Earth.
It will cost about $50,000 to clean up a lot in Pacific Palisades.
Two hundred miles south it might cost $200 to clean up something similar.
Manufacture things vital to national security here. That should be our first priority. If for whatever reason we can’t drill it, mine it, grow it or manufacture it here, our next priority should be to get it from friends. The next best option is to get it from neutral countries. The absolute bottom of the barrel LAST option is to get it from competitors like China. That should be reserved for things that aren’t vital only. So no medical equipment or drugs, no defense components, no computer chips, no rare earths, no drones, or pretty much anything with any technology in it like advanced consumer electronics.
LOL! No. The tariffs in the 19th century were not mere revenue tariffs. They were extremely high protective tariffs. That’s what caused the Nullification Crisis of the early 1830s. That’s what caused the Southern states to secede in 1860-61. The Morrill Tariff was about 54%.
Also, there was a lot of corporate welfare in the form of subsidies for railroads, mines, shipbuilding, etc.
Thanks for this link.
Just finished watching. It’s pretty cool.
Early America with its fledgling economy and industry needed tariffs to get its economic feet on the ground.
But 1800’s America was generally freer and its economy was freer from gov’t interference than almost any society in the sad history of mans’ oppression of man.
Early America may have needed protective tariffs but they went on long after those industries were no longer fledgling. This was THE principle argument between the regions - not slavery which they could always manage to compromise over.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.