“And their safety and interest require that they should promote such manufactories as tend to render them independent of others for essentials particularly military supplies”
George Washington…First Annual address to Congress.
George Washington…First Annual address to Congress.
Suggested Books About Trade
“In summary,…..
What’s wrong with a nation simply producing goods for their own people? With those goods, services and labor being priced in the Domestic Free-Market? ………….Absolutely Nothing !! ……….It’s The Path To Prosperity and Self-Sufficiency for a Nation !!
Free Trade among nations defined as a lack of any border taxes, subsidies, import quotas, etc. sounds good but in reality works only in theory. History has shown that nations will use any variety of “Trade Weapons” to gain an unfair trading advantage over other nations. One of the biggest examples today is the worldwide use of the “Rebating of Value-Added-Taxes ( VAT )” used as border Taxes (Tariffs ), and some of “Criminal Activities” that China uses to steal technology, infringe on copyrights and patents, and manipulate their currency.
The USA used some of the same tactics over the years to protect our economy. It is said that Alexander Hamilton at America’s Founding, insisted on a need to protect our economy with tariffs so that a manufacturing base could be developed. However, that strategy has since been forgotten as the “FREE TRADE MANTRA” is now being advanced to solve all of our nation’s economic woes. Let me get something straight:
” Protecting a nation’s economy with Border Taxes and other strategies is the path to Prosperity…. not Depression as the “Prevailing Wisdom” wishes us to believe.”
It raises revenue for the government and builds up economies as citizens are put to work making necessary goods. Protectionism developed our nation’s tremendous manufacturing, technological and economic base and is vital to maintaining our nation’s status as a World Superpower !! It is particularly vital that a nation builds it’s own military supplies to stay strong ! Believe and Remember:
“Protection Is Good”.
Real “Free Trade” does work in America between the 50 states of the union, and why?” Because a central government is available to enforce it among the states !! Of course they have exceeded their Constitutional Powers and now “Regulate all goods crossing state lines, but trade in the USA is about as free as you’re going to see. Unfortunately it will never happen throughout the world unless a World Government is set up to control it.
“The Problem is any attempt at World Government would eventually become Tyrannical, Corrupt and Unfair and there would be no power on Earth to stop it !!”
Therefore, what’s left is a “Global System of Mercantilism” of which the modern version has been in operation for hundreds of years. It’s what’s allowing China to build up a tremendous manufacturing base, which will lead a Communist State to Global Domination if not checked ! Mercantilism allows a nation to “Build Itself up” based on it’s own political and economic models and compete with the rest of the world. Embracing free-trade policies in this environment is akin to fighting a war without any weapons and is a path to the bottom…. A position our nation cannot afford to take especially when our military is spread out around the world.
What about the Smoot-Hawley Tariff of 1930? Was it really the reason that took us to the depths of The Great Depression? Total foreign trade in 1930 only amounted to 3-4% of the total U.S. Economy. If the GDP sank about 50%, then how could 3-4% of the economy cause this? It couldn’t !! Even if we eliminated all trade in the 1930′s, only a mild recession would have occurred and this would have been mitigated by the fact that American consumers would replace foreign goods with domestic ones actually acting as a mild stimulant.
Ian Fletcher discusses it more deeply in
“Protectionism Didn’t Cause The Great Depression”
“Avoid Trade War? We’re Already In One !!
Please feel free free to watch some videos about our nation’s foreign policy and try to understand “Why Free Trade Isn’t Working” to our nation’s benefit.That the “Playing Field of Global Trade” needs to be leveled NOW !! Realize also that:
Being stretched out militarily when our economic foundation is collapsing is a formula for National Disaster! Watch the YouTube playlist below:
What’s wrong with a nation simply producing goods for their own people? With those goods, services and labor being priced in the Domestic Free-Market? ………….Absolutely Nothing !! ……….It’s The Path To Prosperity and Self-Sufficiency for a Nation !!
Free Trade among nations defined as a lack of any border taxes, subsidies, import quotas, etc. sounds good but in reality works only in theory. History has shown that nations will use any variety of “Trade Weapons” to gain an unfair trading advantage over other nations. One of the biggest examples today is the worldwide use of the “Rebating of Value-Added-Taxes ( VAT )” used as border Taxes (Tariffs ), and some of “Criminal Activities” that China uses to steal technology, infringe on copyrights and patents, and manipulate their currency.
The USA used some of the same tactics over the years to protect our economy. It is said that Alexander Hamilton at America’s Founding, insisted on a need to protect our economy with tariffs so that a manufacturing base could be developed. However, that strategy has since been forgotten as the “FREE TRADE MANTRA” is now being advanced to solve all of our nation’s economic woes. Let me get something straight:
” Protecting a nation’s economy with Border Taxes and other strategies is the path to Prosperity…. not Depression as the “Prevailing Wisdom” wishes us to believe.”
It raises revenue for the government and builds up economies as citizens are put to work making necessary goods. Protectionism developed our nation’s tremendous manufacturing, technological and economic base and is vital to maintaining our nation’s status as a World Superpower !! It is particularly vital that a nation builds it’s own military supplies to stay strong ! Believe and Remember:
“Protection Is Good”.
Real “Free Trade” does work in America between the 50 states of the union, and why?” Because a central government is available to enforce it among the states !! Of course they have exceeded their Constitutional Powers and now “Regulate all goods crossing state lines, but trade in the USA is about as free as you’re going to see. Unfortunately it will never happen throughout the world unless a World Government is set up to control it.
“The Problem is any attempt at World Government would eventually become Tyrannical, Corrupt and Unfair and there would be no power on Earth to stop it !!”
Therefore, what’s left is a “Global System of Mercantilism” of which the modern version has been in operation for hundreds of years. It’s what’s allowing China to build up a tremendous manufacturing base, which will lead a Communist State to Global Domination if not checked ! Mercantilism allows a nation to “Build Itself up” based on it’s own political and economic models and compete with the rest of the world. Embracing free-trade policies in this environment is akin to fighting a war without any weapons and is a path to the bottom…. A position our nation cannot afford to take especially when our military is spread out around the world.
What about the Smoot-Hawley Tariff of 1930? Was it really the reason that took us to the depths of The Great Depression? Total foreign trade in 1930 only amounted to 3-4% of the total U.S. Economy. If the GDP sank about 50%, then how could 3-4% of the economy cause this? It couldn’t !! Even if we eliminated all trade in the 1930′s, only a mild recession would have occurred and this would have been mitigated by the fact that American consumers would replace foreign goods with domestic ones actually acting as a mild stimulant.
Ian Fletcher discusses it more deeply in
“Protectionism Didn’t Cause The Great Depression”
“Avoid Trade War? We’re Already In One !!
Please feel free free to watch some videos about our nation’s foreign policy and try to understand “Why Free Trade Isn’t Working” to our nation’s benefit.That the “Playing Field of Global Trade” needs to be leveled NOW !! Realize also that:
Being stretched out militarily when our economic foundation is collapsing is a formula for National Disaster! Watch the YouTube playlist below:
A couple of books on the subject that I suggest you obtain: See image above
Free Trade Doesn’t Work. What Should Replace It and Why by Ian Fletcher Tariffs:
The Case For Protection by Lewis Lloyd
The John Birch Society believes in the same trade policy the Founding Fathers supported. Some tariffs are reasonable for two reasons: 1) they bring revenue, and 2) they make imports more expensive so that the products coming from elsewhere will more likely be produced within our borders, thereby leading to employment for our people and the creation of wealth by Americans. - John F. McManus .
"There Can Be No Free and Fair Trade Without World Government
And
With World Government : There Will Be No Personal Freedom Or Fairness".
Humbly Submitted
Jim Eckland
Free Trade Doesn’t Work. What Should Replace It and Why by Ian Fletcher Tariffs:
The Case For Protection by Lewis Lloyd
The John Birch Society believes in the same trade policy the Founding Fathers supported. Some tariffs are reasonable for two reasons: 1) they bring revenue, and 2) they make imports more expensive so that the products coming from elsewhere will more likely be produced within our borders, thereby leading to employment for our people and the creation of wealth by Americans. - John F. McManus .
"There Can Be No Free and Fair Trade Without World Government
And
With World Government : There Will Be No Personal Freedom Or Fairness".
Humbly Submitted
Jim Eckland