Ron Paul On Free Trade and Protectionism

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Uploaded by on Oct 1, 2009

Exposing the insane tyre tariffs. Protectionism never works. Free trade always works. Work for lower tarrifs and less subsidies.
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  • I am a Ron Paul supporter, but he's dead wrong on this issue. This country grew and prospered when we were a protectionist nation. After the Revolutionary war was over, we adopted free trade policy. Demand for British imports exploded and early American business were closing. After the first tariff (The Tariff Act) was passed in the 1790's industry quickly recovered. I don't know how Paul can say that about the Hawley tariff. It didn't start the great depression or a trade war.

  • @GuardianoftheSource Who care if China raises tariffs on american products, we don't sell them anything but high tech equipment. They sell us our daily needs, consumer goods. The high tech equipment simply enhances their production, and by the time they reverse engineer this equipment they make their own in a year or two. Typical of all the Asian tigers.

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  • @markymarkuss777 And lastly, I don't think Paul is... Well, I don't think he is the best president if you want the fully fix trade. I think George Washington would be! But, I'd rather have Paul's type of free trade, because atleast he recognizes that the trade agreements are not good.

  • @markymarkuss777 "The Money Masters" - This video advocates fiat money, which I disagree with, but, The history is good and info on the Fed, It's a good documentary.

    "War made easy, How they keep spinning us to death." - 1 sentence to note after you watch this, "Iran is the next target using the same war tactics"

    "Gold, Peace, And Prosparity"

    "America, Freedom To Facism"

    I have tons mroe but I wouldn't want to overwhelm you, heck you might nto even watch them, I'd reccomend you do.

  • @markymarkuss777 But Paul's views are all and all very similar to my own. In regard to trade, I want more of it, I'd liek to end all embargos ASAP against Iran, Cuba, and many others. And, since you are doing research, may I reccomend some videos to you I find stimulating?:

    "Peter Schiif: How govvernment stimulus spending and deficits impact capital markets."

  • @markymarkuss777 That's a good question. But there no dought in my mind that, although I may disagree with him on the issue of trade, there 's no way I'd shun him for that simple reason. Many supporter may disagree with him on a few tit for tat things, but he is still very much the only person I'd like to be my president, IF ONLY for his divotion to the protection & preservation of liberty & the constitution.

    And who else talks about the Federal Reserve? Surely I'll still support him fully.

  • @IBloodSweatTears Bro you hit a grand slam with these comments to EIJefer. I have been researching Ron Paul's ideologies on Free Trade since I woke up this morning. This was the only area where I felt Ron Paul had been obscure on his beliefs. After listening to him, I came to the conclusion that RP is wrong. He still wants free trade, just not in the way they are organized right now with NAFTA, GATT, CAFTA, etc.. Do you still believe voting for RP is the best for our nation from this one issue?

  • @ElJefer Even Ron, being the Free Trader he is, voted gainst all Trade Agreements in his time in congress. NAFTA alone has killed hundreds of millions of jobs. Cheap goods mean nothing, if all of the job have been exported! Help the middle class by protecting the jobs, have free protective trade, End trade Embargos with Cuba, Iran, all others, and impose moderate tariffs, Repeal all trade agreements.

    That the answer! Once again, American didn't grow great on free trade!

  • @ElJefer America grows into an industrial powerhouse, while using tariffs as it's anchor from 1772- the start of the 1900's. The founders had to protect the infant & still fragile American industry against the British economy, So Washington, following the advice of his Treasury secretary, imposed tariffs, to fund the new government & protect the market. American did not grow great on FREE TRADE!

    Today, we have nearly no tariffs, when in fact, tariffs could fully fund the government, alone!

  • @ElJefer It's an Honer to debate another free trader. I used to be a fierce proponent of it, until I woke up. 1792: 95% of government Revenue is from tariffs, the rest? Excise tax's. That trend continues for over 100 year, and tariffs are the biggest source of government revenue, for over the first 100 year of America, it provided 51-95% of all revenue. 1913 hits, the Income tax is created, Tariff revenue as a % of the budget begins to fall fast.

    Part 2 of next comment:

  • @ElJefer Contributing factors, Yes. But, the trade deficit has bloomed since the creation of NAFTA, and displaced hundreds of tousands of Manufacturing Jobs. Free Trade destroys & exports jobs from the market, we have become a dumping ground & are extremly dependent on out-side production.

    Since NAFTA was enacted, U.S. manufacturing employment has fallen by 5 million jobs.

    We need Free Protective trade with Cuba, Iran, among many others, with tariffs to raise revenue & protect our market.

  • @ElJefer The final destruction came in 1994 when Bill Clinton signed the GATT agreements, and gave China, MFN status as a permanent condition. Prior to that it was given year by year. That action alone was the final piece of scaffolding that destroyed the U.S. economy. U.S. Fortune 500 Companies were given permission to manufacture in the third world, ship the products back to the U.S., free of charge. Prior to that the threat of tariffs was always present. Free Trade became national policy.

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