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To: GOPcapitalist

One of the biggest factors in the paired admission of states was that it prevented the Senate from falling to Northern control.

Tariffs do not effect exports uniformly since they provide protection for some industries. Those can have the terms of trade tilted in their favor. Others have their exports reduced. But there is not a universal impact on all sectors contrary to your belief.

Since we were speaking about comparisions of power available the per capita evaluation becomes irrelevent. Switzerland may have as high a per capita income as the US but when you want to evaluate potential military power it becomes irreleven just as trying to compare per capita mileage leads you to no understanding or the 180 degree wrong conclusion. Georgia may have had as many miles per capita as NY but no one would conclude that gave it any particular advantage. Normalization of statistics does not clarify all things.


117 posted on 11/18/2004 10:47:13 PM PST by justshutupandtakeit (Public Enemy #1, the RATmedia.)
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To: justshutupandtakeit
Tariffs do not effect exports uniformly since they provide protection for some industries.

You're as clueless as ever. Protected industries are almost never exporters (i.e. they cannot compete on the world market, hence protection).

But there is not a universal impact on all sectors contrary to your belief.

There is a net welfare loss on the economy as a whole and that much is a mathematical certainty.

Since we were speaking about comparisions of power available the per capita evaluation becomes irrelevent.

Not so. Far from noting the obvious and undisputed fact that the north had a numerically larger industrial sector, you were attempting to portray the south as economically backwards and without even the most basic industrial implements when the fact is that they enjoyed a strong economy in those areas on world standards.

123 posted on 11/19/2004 12:27:40 AM PST by GOPcapitalist ("Marxism finds it easy to ally with Islamic zealotism" - Ludwig von Mises)
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