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View Diary: This is what a Crater in the Economy looks like (32 comments)

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  •  All Sectors Could be Doing It. (2+ / 0-)
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    jamess, Calamity Jean

    In the Washington Administration we began independence having been kept by law a 3rd world nation, exporting resources and importing finished goods.

    Low cost goods like clothing were more cheaply made offshore, and high value-added goods like tools and machines were too costly to tool up here to compete with Britain and Europe.

    So Hamilton argued for tariffs to protect our labor without stopping trade, yadda yadda and we became a rational and functional nation.

    But that would require an active government  not run by big fossilized energy and not knee capped by an even more fossilized political party, the Grumpy Old Pigs.

    We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

    by Gooserock on Thu Mar 14, 2013 at 07:02:43 PM PDT

    [ Parent ]

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