[ExI] Gilded Rage: Elon Musk and the Radicalization of Silicon Valley
Ben Zaiboc
ben at zaiboc.net
Fri Oct 24 20:48:23 UTC 2025
On 24/10/2025 15:32, spike wrote:
>
> *Below is what the Canada ad said, vs what Reagan actually said:*
>
> Canadian ad:
>
> *“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. But over the long run, such trade barriers hurt
> every American worker and consumer. High tariffs inevitably lead to
> retaliation by foreign countries and the triggering of fierce trade
> wars. Then the worst happens: Markets shrink and collapse; businesses
> and industries shut down; and millions of people lose their jobs.”*
>
> **
>
> What Reagan said in 1987:
>
> **
>
> **
>
> *You see, at first, 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.*
>
> **
>
I'm not sure what the problem is here. The Canadian version looks like a
fair summary of the original. How did it distort what Reagan said?
The overall message can be summed up even more concisely: "Reagan said
back in 1987 that tariffs are bad for everybody".
--
Ben
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