The Tariff Statistic the Trump Fanboys Don’t Want You to Know About
FOX commentator Charles Payne recently repeated Pat Buchanan’s old post hoc, ergo propter hoc fallacy (After this, therefore because of this) about tariffs in a Breitbart column. The fallacy goes like this: 1). Economic growth occurred during the post Civil War period up to the turn of the century. 2). High protectionist tariffs were imposed during the Lincoln regime and lasted for some fifty years. 3). Therefore, the protectionist tariffs caused the economic growth. Yes, and the rooster crows in the morning, then the sun comes up, therefore the rooster crowing causes the sun to come up.
It was the absence of income taxation and a hardly
Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.
