the Federal government was funded almost exclusively by tariffs for the first 120 years and our economy was doing great for the majority of that time
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I don't think that's an apt comparison to prove the benefit of tariffs.
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i'm not attempting to prove the benefit of tariffs as much as I am refuting the statement "history tells us tariffs will harm our nation's economic growth" history tells us no such thing. Pre-Civil War tariffs were often 25% or more on *every* imported good
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History tells us many things. At one point maybe tariffs were fine, when our economy and supply-chains, domestically and internationally, were very different than they are today. At later points, they were not so fine.
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goods sold in the US were produced in Europe, mainly the UK. We didnt have supply chains in 1816 because we didnt have a manufacturing base then, at all. the tariffs of 1816, 1824, and 1828 didn't crash the US economy though, they benefited it.
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Right, no arguments. Still, this is a different era w/ a different economy. And there are examples later on of the negative consequences of tariffs. But I suppose if POTUS follows through here we'll find out how it turns out this time around.
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right, so say "this is not a good idea for the US" then. the whole "history tells us" is designed to make Trump sound ignorant of past events, & out of step with past Presidents on trade policy, when in reality the vast majority of past Presidents did exactly what he's doing now
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Making Trump sound ignorant wasn't my intention. I think presidents can be wrong w/out being ignorant. He's well versed on trade altho I think he draws wrong conclusions. But it's among subjects he seems most informed about.
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Club 4 Growth has almost destroyed the country. They are responsible for so much harm. No one voted for their policies. They prevent the GOP from listneing to their voters
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