To: A. Pole
But between 1860 and 1914, Great Britain, which began the era with an economy twice the size of ours, ended it with an economy not half the size of ours. Britain worshipped at the altar of free trade, while America practiced protectionism from Lincoln to McKinley to Teddy Roosevelt to Taft. Tariffs averaged 40 percent and U.S. growth 4 percent a year for 50 years.
Conveniently forgetting that during that same period, America expanded Westwards, got millions of Immigrants and millions of £££££s in investment in her infrastructure. America was expanding and growing, the UK was a solidified nation. It's like comparing an industry where demand is now static to a sunrise industry.
Ditto for Germany from 1860 onwards.
19 posted on
04/18/2005 7:40:47 AM PDT by
Cronos
(Never forget 9/11)
To: Cronos
Conveniently forgetting that during that same period, America expanded Westwards, got millions of Immigrants and millions of £££££s in investment in her infrastructure. America was expanding and growing, the UK was a solidified nation. It's like comparing an industry where demand is now static to a sunrise industry.So, how might remembering a little thing like the British Empire fit into your analysis? :-)
21 posted on
04/18/2005 7:54:37 AM PDT by
Racehorse
(Where your treasure is, there will your heart be also.)
To: Cronos
Ditto for Germany from 1860 onwards. Did Germany expand then?
232 posted on
04/18/2005 6:41:20 PM PDT by
A. Pole
(George Orwell: "In times of universal deceit, telling the truth will be a revolutionary act.")
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