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To: Oklahoma
People who think that tariffs will create jobs need to go read up on Bastiat's parable of the glazier, one of the core statements of conservative economics.

Every dollar which will now have to be spent for steel and the things that are made of steel is a dollar that will not be spent for other goods and services.

Other goods and services whose providers employ people.

People who, as a result, will have less work.

31 posted on 03/04/2018 11:29:00 AM PST by Eric Pode of Croydon (I'm an unreconstructed Free Trader and I do not give a damn.)
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To: Eric Pode of Croydon

Some of these posters need to find and read Frederic Bastiat, Adam Smith, Ludwig Von Mises, Friedrich Von Hayek, Murray Rothbard, Henry Hazlitt, Milton Friedman, Thomas Sowell and Walter Williams.


34 posted on 03/04/2018 11:48:50 AM PST by Oklahoma
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