From: the.happy.hippy.nntp@ntlworld.invalid   
      
   https://edition.cnn.com/2025/10/24/business/ronald-reagan-ad-tru   
   p-canada-ontario-tariffs   
      
      
      
   President Donald Trump has canceled trade negotiations with Canada over what   
   he called a "fake" ad that featured parts of an anti-tariff speech delivered   
   by conservative hero and former President Ronald Reagan.   
      
   It wasn't fake. It was edited.   
      
   Reagan really did spend a five-minute speech railing against tariffs. It was a   
   full-throated expression of support for free and fair trade.   
      
      
      
   What is fake is Lying Liar Trump claiming Reagan believed in tariffs. He   
   really didn't; he was for free trade, anti-protectionism.   
      
   Trump wants to pretend Reagan would have supported him. More likely he'd have   
   called him out as an idiot, a danger to America and Americans.   
      
      
      
   Imposing tariffs or trade barriers and restrictions of any kind are steps that   
   I am loath to take.   
      
   Over the long run such trade barriers hurt every American worker and consumer.   
      
   When someone says, "Let's impose tariffs on foreign imports," it looks like   
   they're doing the patriotic thing by protecting American products and jobs.   
   And sometimes for a short while it works -- but only for a short time.   
      
   What eventually occurs is: First, homegrown industries start relying on   
   government protection in the form of high tariffs. They stop competing and   
   stop making the innovative management and technological changes they need to   
   succeed in world markets.   
      
   And then, while all this is going on, something even worse occurs. High   
   tariffs inevitably lead to retaliation by foreign countries and the triggering   
   of fierce trade wars.   
      
   The result is more and more tariffs, higher and higher trade barriers, and   
   less and less competition.   
      
   So, soon, because of the prices made artificially high by tariffs that   
   subsidize inefficiency and poor management, people stop buying.   
      
   Then the worst happens: Markets shrink and collapse; businesses and industries   
   shut down; and millions of people lose their jobs.   
      
      
      
   https://www.reaganlibrary.gov/archives/speech/radio-address-nati   
   n-free-and-fair-trade-4   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)