FUCK THE POLICE
911 EVERY DAY
I never said that protectionism destroys an economy.
Please don't try to revise History.
I've been lectured numerous times that "protectionism" would destroy our economy. This is just a lame talking point. The devil is in the details. "Protectionism" is just a buzzword, with no real meaning.
China, India, and numerous other growing economies practice protectionism on some level. And they all have growing economies.
There's only one nation on the planet that practices truly "free trade": no tarrifs, no barriers to foreign ownership of domestic industries, no regulation of capital.
Know who that country is? Iraq. The NeoCons imposed on Iraq they're little theorectical economic theories. And Iraq's economy crashed. It will improve when Iraq takes steps to regulate and protect domestic infrastructure and industry.
China and India are growing for other reasons than their protectionst economies.
Can you not understand the statemtent: "international trade is not the only part of the highly complex thing that is an economy, and the economy may very well be growing for other reasons".
Iraq's economy crashed because of the fallout of the invasion, like any other economy would. Stop the slander, Cypress.