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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (186398)	4/20/2004 8:31:14 PM
From: TimF	Respond to of 1575182

Myth 1.......the above paragraph. America always has been protectionist........more so before WW II than after. That afforded our industries time to grow up and mature. Does protectionism cause economic hardship.......possibly but its a small contributor. There are many other factors that are more important. Protectionist is relative. For quite some time the US has been less protectionist then much of the world and our transition to a less protectionist country is one of the sources of our post WWII economic growth. Does protectionism cause economic hardship.......possibly but its a small contributor. There are many other factors that are more important. I can agree with that as long as protectionism isn't to strong. It isn't very strong in the US and it has been decreasing more then increasing. Myth 2........if we eliminate our trade barriers, things would get better economically. Total BS Not BS. Its completely true. It would be much better if other countries reciprocated but either way lowering trade barriers would be good for our country. Tim