View Single Post
Old 11-16-2010, 21:50   #22
nmap
Area Commander
 
nmap's Avatar
 
Join Date: Jun 2007
Location: San Antonio, Texas
Posts: 2,760
Two points...

First, there does not seem to be a consensus that U.S. standards of living are improving. LINK

A more complete - and, perhaps, more cogent article appears HERE

Now you mention that tariffs or other trade barriers are a form of tax. That certainly seems reasonable. But if we suppose a (government) revenue-neutral mix of taxes, might tariffs be better than some other taxes? For example, if tariffs were high, but income taxes were lowered, would that promote American growth better than does the current mix?

I certainly don't claim to know. But it seems an interesting speculation.
__________________
Carpe diem quam minimum credula postero

Acronym Key:

MOO: My Opinion Only
YMMV: Your Mileage May Vary
ETF: Exchange Traded Fund


Oil Chart

30 year Treasury Bond
nmap is offline   Reply With Quote