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To: Concentrate
What has really made the US rich is the fact that we destroyed nearly all of industrial bases of competing countries during WWII, which is why jobs and retirement packages were secure.

Well, WE didn't destroy them, mostly. They destroyed themselves, with Russia and France and England and Germany slugging it out until they were punch-drunk. But, otherwise, that is an outstanding observation.

Of course, it's an insane policy to compete with slave labor, as we do with China. The day William Buckley showed up on the TV proclaiming that MFN status being bestowed upon our ideological enemies was a revelation.

Tariffs sure would help that situation greatly. MFN status with China was utter insanity, and what is more insane, was at the time I was indifferent to the granting thereof.

I've come a long way in my political education.

419 posted on 08/03/2003 6:15:23 PM PDT by Lazamataz (PROUDLY POSTING WITHOUT READING THE ARTICLE SINCE 1999!)
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To: Lazamataz
Tariffs sure would help that situation greatly. MFN status with China was utter insanity, and what is more insane, was at the time I was indifferent to the granting thereof.

I've come a long way in my political education.

And, JMO, it seems that you have a long way to go in economic education.

High tariffs after the stock market fall in 29, worsend the depression.

421 posted on 08/03/2003 6:21:20 PM PDT by Dane
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To: Lazamataz
"'If we don’t have a manufacturing sector, we don’t have an economy. If we don’t have manufacturing jobs, we don’t have a middle class," Johnson told the cheering crowd gathered in Welte Hall at Central Connecticut State University."

Manufacturing rally draws 1,200

Richard W.

422 posted on 08/03/2003 6:23:49 PM PDT by arete (Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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