Quote from Tsing Tao:
Don't be ridiculous. We have what all other nations covet - the CONSUMER. Put in protections, tarrifs and make companies incentivised to hire and produce here in the US. If no other nation consumes as much as we do, then get our consumers to buy from ourselves. Create and keep the jobs here.
A problem is that we're very dependent (for our current way of life) on a number of inputs that are simply not economically, or qualitatively, available within our borders. If we expand our protectionism, the other guys will, too, and the result is much higher domestic prices and little ability to offset those with exports. The only way to make insularism work would be for us to retreat towards agrarianism. Which would make us prey. Or possibly we could adopt the N. Korea model, ie. militarized, stratified.
