Economic nationalism, i.e. protecting industry through high tariffs, made America an economic superpower. The stuff Lou dobbs talks about, hardly laissez faire capitalism.(that and slavery) Same with the Brits before us.
btw, Rob. The White Stripes are in Fargo in Sept. You planning on going?
Graeme - 05:06am on 06/12/2007
Minnesota would be so lucky to match the GDP of Norway.
brad - 05:06am on 06/12/2007
Economic nationalism, i.e. protecting industry through high tariffs, made America an economic superpower.
Wrong. Protectionism, along with trade unionism, killed several of our industries, most notably our steel industry. Free people making free choices and private ownership and control of capital made the US an economic superpower.
robert108 - 06:06am on 06/12/2007
Krikey...Argentina???...Can we Michiganders get a do over for a new country name?. Hmmph.
markm - 06:06am on 06/12/2007
Is that Vermont with the GDP of Bangladesh?
Proof - 06:06am on 06/12/2007
Isn’t Vermont the home of our only socialist Senator Bernie Sanders? And isn’t Sparkie from Bangla...er, Vermont, too?
Proof - 07:06am on 06/12/2007
Proof, I’m outraged!
That’s us proud Granite Staters being compared with Bangladesh. Vermont is the Dominican Republic!
Them’s fighting words, beard-boy…
J.
Jay Tea - 09:06am on 06/12/2007
According to Graeme’s wiki link, the high tariffs he cites ended before the major expansion of US industry. I agree 100% with Robert108 that tariffs and other government interference in the market place were the main culprits in the demise of US steel…
Economic nationalism, i.e. protecting industry through high tariffs, made America an economic superpower. The stuff Lou dobbs talks about, hardly laissez faire capitalism.(that and slavery) Same with the Brits before us.
http://en.wikipedia.org/wiki/American_System_(economic_system)
sorry
here is the link
This is good as well.
btw, Rob. The White Stripes are in Fargo in Sept. You planning on going?
Minnesota would be so lucky to match the GDP of Norway.
Wrong. Protectionism, along with trade unionism, killed several of our industries, most notably our steel industry. Free people making free choices and private ownership and control of capital made the US an economic superpower.
Krikey...Argentina???...Can we Michiganders get a do over for a new country name?. Hmmph.
Is that Vermont with the GDP of Bangladesh?
Isn’t Vermont the home of our only socialist Senator Bernie Sanders? And isn’t Sparkie from Bangla...er, Vermont, too?
Proof, I’m outraged!
That’s us proud Granite Staters being compared with Bangladesh. Vermont is the Dominican Republic!
Them’s fighting words, beard-boy…
J.
According to Graeme’s wiki link, the high tariffs he cites ended before the major expansion of US industry. I agree 100% with Robert108 that tariffs and other government interference in the market place were the main culprits in the demise of US steel…