Tariffs are Keynesian socialism. Their defenders don't know economics. (Obama, party, supporter)
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"But, in general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade."
Karl Marx
And Hitler liked dogs. Ya quite an intellectual.
Can you critique Ricardo’s theory of comparative advantage?
I thought Republicans were for "laissez-Faire" style economy. Now I don't know about you, but tariffs don't sound very "laissez-Faire" to me. In fact tariffs are usually a sign of an insecure leftist economy
Rule: when a poster on C-D says "they don't know economics" or "that's just basic Econ 101", it's a sure sign they didn't major in economics.
It is Ad Hominem Fallacy. Absolutely.
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