NC Media Watch

A quest for reason and accuracy in letters to the editor, guest editorials and other issues of interest to the citizens of Western Nevada County.

Monday, January 17, 2005

Foolish assumptions

David Briceno thinks Protectionism [is] key to economy, January 17, 2005
Protectionism pays off. It was protectionism that won 14 out of 18 presidential victories for Republicans between 1860 and 1932. And protectionism created the greatest economic expansion in this nation's history from 1865 to 1913. Republican free traders today forget that the Republican platform used to be projectionist from 1884 to 1944. That's right. Republicans used to be protectionists!

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Protectionism has benefited America economically and politically in the past - and will most likely in the future.
Not! Protectionism may have worked when the US was an island nation, isolated by vast oceans and northern and southern boarders un-serviced serviced by efficient transportation networks. Protectionism cannot work today, with global connectivity supported by the Internet, FedEx and DHL airborne freight liners, and high speed container ships. We have become accustomed to year round fresh fruit from the southern hemisphere, affordable wide screen flat screens from Korea, and under $1000 computers from China. We are no longer self-sufficient, we must import oil, natural gas and electrical energy to sustain our economy and our quality of live. Protectionism will take us back to then 19th Century! Do you want to go there?

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