[InterceptPoint]

High tariffs on imports will result in high tariffs on our exports. That’s why increasing tariffs hurt the economy and cost American jobs.

That was the economic truth in 1930 and it still functions the same in 2015.

No doubt we will run the experiment to test that theory but the results will be the same as they were during the Great Depression.

[expat_panama]

High tariffs on imports will result in high tariffs on our exports. That’s why...

Let's not forget the fact that high tax rates not only stop econ growth but also reduce tax revenue.  Why is it so hard for conservatives to want lower taxes?

[Theoria]

The world of 1930 is not the same as today. There are more developed countries and not the bottleneck of the past, with limited trade potential.

Countries today, like Germany, Mexico, and China use tariffs to protect their own facilities and create highers costs, it works well for them.

We are gonna lose jobs anyway to innovation and tech, we have to determined what is the best way to have a tax base for our economy, and our people.

[CodeToad]

“High tariffs on imports will result in high tariffs on our exports.”

That is an OK statement to make when you export more than you import. We import $500 billion more than we export. Import $2.75T, export $2.25T. Most of what we export few nations can do without: Commercial aircraft, semiconductors, and medical equipment.