> It worked from 1790ish to 1913 . <
Right. I am very much in favor of tariffs. But they will cause unacceptable inflation unless they are paired with deregulation (along with tax breaks).
Tariffs will, of course, make imported goods more expensive. But if we set American businesses free, they should be able to undercut those imported goods. Every American wins.
Except for the regulators.
boom and bust immediately followed, and the boom bust cycle has been sustained since 1913.
fedres failed. their charter should be revoked, force majeure against them should be declared and the private owners of the fedres bank should be sued for every penny they have accrued . jmho
“I am very much in favor of tariffs.”
I’m very much in favor of a financially balanced motor vehicle trade system along the lines of the American/Canadian system of my youth.
China might provide $100 billion worth of motor vehicle stuff to the USA in exchange for $100 billion worth of motor vehicle stuff made in the USA. No dollars or yuan would leave either country.
I also believe all simple things for the US market should be made in the USA. We don’t need to be importing coffee cups or frying pans.
People need cheap stuff and the well-paid jobs enabling its privately funded purchasing.