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Was it by setting import tariff taxes really high, and then poof the ships just magically blinked into existence?
by mindslight 2y ago
Was it by setting import tariff taxes really high, and then poof the ships just magically blinked into existence?
- 0_____0 2y agoTop marginal income tax rate in 1944 was 94%
- anthony_d 2y agoDuring war some tariffs essential go to infinity.
- mindslight 2y agoSure, the point is that the key ingredient was a lot of active hard work in response to the adversity, including constructive direction and coordination by government. Merely turning up the pain and assuming hardship itself will somehow create economic activity is supremely entitled thinking, dementia-level even.