Saturday, July 27, 2013

Economic freedom and economic nationalism


Economic freedom reduces poverty, it's that simple. America has lifted millions of people out of poverty at far higher rates than countries that do not have economic freedom. American incomes are six times higher than the world average. Most of the world's inventions have come from America, which has enabled entrepreneurs and small businesses to thrive.

We seem to have forgotten that our great prosperity was accomplished mostly through economic nationalism, with tariffs on foreign imports, which protected American manufacturing and allowed us to thrive as we did. Global capitalism has made a very few people very rich while in the process it has destroyed American manufacturing and lowered the income level of the majority of Americans.

Our Constitution was designed to protect the virtually independent states, internally and externally, and protect our economy with economic nationalism. To make America actually healthy again we need to bring forward more people like Pat Buchanan than people like Rand Paul or Jeb Bush, although Paul might be better than the international socialist Hillary Clinton.

Then there is the difficult matter of constitutionally thinking in terms of distinct regions and even virtual ethnostates---not secession---to realistically calm the present and future ethnic divides in America, which no politician is talking about at this point.

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