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To: ARCADIA
Re-industrialize the country"""

How? High tariffs?

18 posted on 03/11/2005 3:20:39 PM PST by churchillbuff
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To: churchillbuff
How? High tariffs?

That might be part of the answer; but the real objective should be to make us competitive without jacking up taxes. You want economic balance, not a totalitarian state. We want to do as much trade as we can afford; by exporting what we produce well and importing an equivalent amount of things that we do less well.

Right now, we are so behind the ball that some tariffs may be required to shield a nacent industrial base; but, ultimately we will do more by improving the regulatory environment; reducing the burden of risk management; and, rebalancing some of our costs of living. Medical, education, and housing costs are growing at a rate which seems very dispreportional to the rest of the economy; and, we are going to have to make them more competitive if we are going to align them with the rest of the economy.
33 posted on 03/11/2005 3:36:49 PM PST by ARCADIA (Abuse of power comes as no surprise)
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