The American Protectionist Society
Definition of Protectionism
PROTECTIONISM; The proper use of government power to:
(1) protect the nation from any unfair, institutional foreign interference in the peaceful voluntary cooperation in the division of labor of its citizens; (2) establish taxes on foreign importation as a system of providing a major source of revenue for the general operating expenses of the national government. (Derived from the laws of free market economics.)
Some Benefits of American Protectionism:
(1) an indissoluble union and cohesive social nexus that cannot be destroyed. (2) a fully functioning market economic system that produces all of the necessaries of life for consumers without dependence on foreign sources. (3) maximum economic efficiency based on absolute advantage trading relationships. (4) no income tax; the tax burden to fund a limited Federal government is paid exclusively by foreign corporations, who gladly pay for the valuable access of export to the rich American consumer market. (5) maximum economic freedom to engage in any area of economic endeavor without need to move to a different system, for all roles in the economic system, including the laborer, entrepreneur, or capital investor.
Some Things American Protectionism Is NOT, and has NEVER been:
(1) isolationist. The United States was a protectionist nation from 1789 through at least 1970. At no time was the United States isolated from the world. It was independent and self sufficient, but not isolated. (2) socialist. American Protectionism defends the market system within the national borders of the United States and prevents interference in the internal free market economic system.
Last Updated (Saturday, 05 June 2010 02:57)



