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To: justshutupandtakeit
Protected industries can export particularly when the tariff is combined with subsidies which was often the case in the 1800s.

Wrong. The export figures for the united states in that era contradict you. Almost 60% of exports in 1860 were in southern cotton. Another 15% came from southern tobacco and southern rice. All else was relegated to the remaining 25%, and most of that was in agricultural grains that were not protected.

You have never seen me defend tariffs from an economic perspective. They are mostly political instruments.

You demonstrably do not understand either, thus it is inconsequential as to what sort of an instrument you defend them for.

133 posted on 11/19/2004 1:24:26 PM PST by GOPcapitalist ("Marxism finds it easy to ally with Islamic zealotism" - Ludwig von Mises)
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To: GOPcapitalist

Uh, the 1800s include the years from 1800 to 1899 not merely those before 1861.

Criticism coming from you is music to my ears. The more vitriolic the better.


146 posted on 11/19/2004 9:00:26 PM PST by justshutupandtakeit (Public Enemy #1, the RATmedia.)
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