In These New Times

A new paradigm for a post-imperial world

Why Is the GOP Terrified of Tariffs?

Posted by seumasach on March 7, 2018

“The idea is not to keep foreign goods out, but to induce foreign companies to move production here.”,

I also assume that is the idea: otherwise it can only be pure madness. America’s rapid growth towards the end of the 19th century was also the result, not just of tariffs but of inward investment- in that case, from Britain who had decided to outsource the empire after the defeat of the Confederacy in the Civil War. Today, foreign investment provides the key to the reindustrialization of the USA and it is China in particular who can play that role. Prepare to hear Trump ringing out the slogan”The jobs are coming home!”

Patrick J.Buchanan

Buchanan.org

5th March, 2018

From Lincoln to William McKinley to Theodore Roosevelt, and from Warren Harding through Calvin Coolidge, the Republican Party erected the most awesome manufacturing machine the world had ever seen.

Read more

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

 
%d bloggers like this: