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To: Uncle Miltie

Umm...the GDP grew while trade did not....the economy was growing while trade did not....contrary to Smoot critics


26 posted on 02/04/2009 3:08:27 PM PST by UCFRoadWarrior (The Threat To Our Soverignty Is Rampant Economic Anti-Americanism)
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To: UCFRoadWarrior

Limiting growth is the argument against Smoot Hawley, not the elimination of growth. There isn’t a scientific test where we ran Smoot for some states and not for others.

Jeepers, folks. On the face of it, you cannot restrict economic freedom and INCREASE the value of stuff (goods, services, productivity, you name it). Economic restrictions only DECREASE the value of stuff.


28 posted on 02/04/2009 3:11:35 PM PST by Uncle Miltie (Congress declares a National Dividend in the amount of $9,000 per taxpayer instead of Porkulus.)
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