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To: Conservative Gato
For one, I am glad the American people will be involved in these trade deals and not just the DC corruptocrats and their cronies.

Your argument is incoherent. Corruption thrives when there are high taxes and high regulation. TPP lowers taxes and lowers regulation. When government has less power (as it would under TPP), there is less corruption.

The American people have suffered because of protectionism. Smoot-Hawley triggered the Great Depression. The people may want protectionism, but they will suffer the consequences of it, too.

I will concede that people on FR oppose lower taxes and that is not consistent with my position. This is true and is the consistent theme of my posts. Despite the majority opinion on FR, I will continue to favor lower taxes and lower regulation.

105 posted on 01/23/2017 7:16:27 PM PST by SSS Two
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To: SSS Two

When government has less power (as it would under TPP), there is less corruption.


I would propose that there is still the same amount of corruption. We can have centralized corruption or distributed corruption.


107 posted on 01/23/2017 7:23:42 PM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: SSS Two
Smoot-Hawley triggered the Great Depression.

This proves you are full of it. Smoot-Hawley was signed a year and change AFTER the start of the Great Depression. Trade was a tiny part of GDP in 1931 and so Smoot Hawley had a minimal affect on worsening the Great Depression.. This myth has been debunked so many times...

At the time of its enactment, exports were only about 5 percent of the economic output of the United States and still outweighed imports. (Even now, exports are a smaller part of output in the United States than in any other large developed nation.) To say that the act, which applied to a distinct minority of imports and which raised tariffs generally by only about six percentage points, caused the Depression is almost comical. It did no good, but compared with the titanic monetary policy disasters of the era, the effect of Smoot-Hawley was probably very small, or so most mainstream economists believe.

However, a number of well-known people, especially my former colleagues at The Wall Street Journal editorial page, the late Robert Bartley (a genuinely great guy) and Jude Wanniski, began in the mid-1970s to popularize the notion that Smoot-Hawley and not monetary policy mistakes was the real cause of the Great Depression.

Read more

108 posted on 01/23/2017 7:24:48 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: SSS Two

So you are telling us you trust this DC establishment???

I hope you’ve been paying attention to the last 30 to 50 years with the Uniparty and all the corruption and corporate cronyism. Oh and don’t forget it was this corrupt establishment that tried everything to destroy the people’s candidate.

These are the same corrupt people that constructed this trade deal. While it may or may not be a good deal, I trust Trump, the people of FR, and the American people well over the corrupt DC establishment that spawned this deal.

CGato


112 posted on 01/23/2017 7:30:03 PM PST by Conservative Gato
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To: SSS Two
How many people are aware of Smoot-Hawley only because of this movie?


126 posted on 01/24/2017 6:47:38 AM PST by SamAdams76
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