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--></style></head><body lang=EN-US link="#0563C1" vlink="#954F72" style='word-wrap:break-word'><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'> extropy-chat <extropy-chat-bounces@lists.extropy.org> <b>On Behalf Of </b>Ben Zaiboc via extropy-chat<br><br></span><span style='font-size:10.0pt;font-family:"Courier New"'><o:p></o:p></span></p></div></div><p class=MsoNormal><br>>…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?<br><br>>…The overall message can be summed up even more concisely: "Reagan said back in 1987 that tariffs are bad for everybody".<br><br><o:p></o:p></p><pre>-- <o:p></o:p></pre><pre>Ben<o:p></o:p></pre><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><br>Ben I agree with Reagan: all tariffs are bad. The goal is to eliminate all tariffs on everything, every import, every crop, every manufactured anything. Where I fear the USA is now is that catastrophe cannot be averted using income tax alone, but that we can’t get out of the debt spiral using tariffs either.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>In any case, France may soon show us the way, regarding unsustainable national debt. If we opine that that the US government is too big to fail, then we look to some smaller government (such as France) to see if it too is too big to fail. Repeat until we find a government small enough to fail. Then we will know for sure. But in the meantime… I suspect the US government is not too big to fail.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>spike <span style='font-size:11.0pt;font-family:"Calibri",sans-serif'><o:p></o:p></span></p></div></body></html>