On Wednesday 09 May 2007 9:06 pm, Robert Calco wrote:
<snip>
> First of all, tariffs would not themselves solve it. Tariffs might
> (as they did for the first 150 years of our national existence)
> encourage what would solve it, namely, it might induce capitalists to
> invest more in American labor, rather than to invest it in, say,
> Chinese labor. It is the increase in per capita capital investment in
> domestic labor that determines a nation's standards of living and
> overall wealth.
<snip>
> The issue is one of protecting our wage and price structure and the
> social fabric that holds it together
<snip>
> a modest ad valorem tariff on  all articles of foreign manufacture. However, 
> there was a flip side: No tax on income for American
> workers or the companies that employed them domestically.
>
> The idea is to encourage increased per capita capital investment in
> domestic labor. Tariffs might be one means; there may be others.
<snip>
> Free trade is not about trade between systems, it is about division of labor
> between systems--i.e., destroying any distinction between systems and
> building a single system.

Hi Bob!

So, does this concept have any current support? Never hear of it except from 
you.
-- 
Regards,

Pete
http://www.pete-theisen.com/


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