They are missing one key factor: businesses won't drop prices for savings in an exchange rate. The human factor.
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Good article & I largely agree. My concern is will dollar rise fast enough & far enough to compensate in short term?
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Harding tried protectionism. Hoover tried it. How did it work out?
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@RepKevinBrady@WSJ sure bc our trading partners will overlook this little tax out of goodness of their hearts.Thanks. Twitter will use this to make your timeline better. UndoUndo
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The BAT is the M.C. Escher of tax reform.
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