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To: Whilom
The answer is yes we do. There is too much execss capacity in foreign markets but since they are not "free" markets the excess capacity does not go by the wayside, it gets supported by socialist governments.

The endgame would be OSEC and we would have to deal with another group of schmucks who price fix. Reagan understood it and so does Bush. An ounce of prevention is worth a pound of cure and anybody who claims this is calamitous should be able to flash back to the 80's and show you and I the global depression emanating from targeted tariffs.

And whats more, tariffs are constitutional.

40 posted on 03/09/2002 1:44:38 PM PST by jwalsh07
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To: jwalsh07
And whats more, tariffs are constitutional.

Constitutional, but unwise.

46 posted on 03/09/2002 2:12:03 PM PST by VA Advogado
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To: jwalsh07
An ounce of prevention is worth a pound of cure and anybody who claims this is calamitous should be able to flash back to the 80's and show you and I the global depression emanating from targeted tariffs.

If these targeted tariffs are such a good thing tell me why those countries with the highest tariffs have such poor economies?

Argentina sound familiar? They sure are doing a good job of protcting their industrial base.

78 posted on 03/09/2002 10:17:59 PM PST by Toddsterpatriot
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