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In reply to the discussion: Tariffs were very strong American worker wage protection, HENCE corporations hate tariffs. [View all]brentspeak
(18,290 posts)29. You might need a lifesaver jacket
to prevent you from drowning in your own B.S.
Germany, Sweden, Canada and many other developed countries follow the FDR model of promoting trade while pursuing liberal domestic policies that support unions, impose high and progressive taxes, maintain effective safety nets and have healthy middle classes.
You left one important thing out: all three of those nations assess high tariffs on cheap foreign imports.
Both Germany and Sweden impose high tariffs on incoming industrial goods, between 19-25%; neither nation has been so stupid as to allow cheap imports to flood their markets. That is why both countries still have viable middle classes -- and why the United States no longer has a viable middle class.
Canada, similarly, has maintained high tariffs on cheap Chinese imports, and is therefore in a better position economically than the USA.
Looks like those nations follow the "FDR model" of protective tariffs much more than you're willing to admit.
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Tariffs were very strong American worker wage protection, HENCE corporations hate tariffs. [View all]
livingwagenow
Feb 2014
OP
No. Getting rid of high tariffs was a big progressive win in the early 20th century.
pampango
Feb 2014
#4
"high tariffs" are one thing; like any other regulation, tariffs can and should be used
TheFrenchRazor
Feb 2014
#5
Yes the RTAA was FDR's first step in reversing high tariffs followed by GATT and the ITO.
pampango
Feb 2014
#8
"corporations thrived under high tariffs then at the expense of the working class"
brentspeak
Feb 2014
#22
Exactly. Historically corporations have thrived and the working class suffered under both high and
pampango
Feb 2014
#26
The VAT is not a tariff. The VAT effects the final cost of imports and domestic products equally.
pampango
Feb 2014
#31
Fine. So the "Import Turnover Tax" is "the equal of the domestic VAT". When you combine the two
pampango
Feb 2014
#33
Yes there is. Even the poll you reference shows republicans want more to 'get tough' with China.
pampango
Feb 2014
#53
Ditto. The links you posted to make your case were to posts from a "banned troll".
pampango
Feb 2014
#60
Are you really suggesting that the global economy in the 1920's - 1930's has any
Egalitarian Thug
Feb 2014
#51
I believe that history is relevant. And I believe that the experience of other countries is too.
pampango
Feb 2014
#54
You asked: "Are you really suggesting that the global economy in the 1920's - 1930's has any
pampango
Feb 2014
#56
No - Fair means developing nations do not become colonies of multinational corporations
Armstead
Feb 2014
#25
Only two of the DU Corporate Warrior Brigade? It was a Sunday, I suppose.
Egalitarian Thug
Feb 2014
#52