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Trump and Our Return to the ‘American System’
Tim Overton | April 06, 2025
Few economic philosophies have shaped America’s prosperity as profoundly as Henry Clay’s American System—a blueprint for national strength and self-sufficiency. Developed in the early 19th century, Clay’s vision centered on protective tariffs, a strong national banking system, infrastructure development, and the responsible use of natural resources.
These pillars propelled the United States into economic dominance. However, in the latter half of the 20th century, Cold War geopolitics led to a significant departure from these principles. Today, President Donald Trump’s economic policies signal a revival of the American System, aiming to restore national industry, energy independence, and economic resilience.
One of the key components of Clay’s American System was the use of tariffs to shield domestic industries from foreign competition. Clay and his contemporaries understood that fledgling American manufacturers needed time to grow without being undermined by cheaper imports. This approach helped transform the U.S. from an agrarian economy into an industrial powerhouse.
Trump’s embrace of tariffs is a modern adaptation of this strategy, aimed at protecting American businesses from unfair foreign trade practices. His policies seek to revitalize domestic manufacturing, reduce dependency on foreign goods, and address trade imbalances, particularly with China. Additionally, tariff revenue contributes to lowering the national debt, reinforcing economic sovereignty.
More here: https://www.dailysignal.com/2025/04/06/trump-our-return-american-system/
This is the plan.
No. They need to be enticed into returning to America to produce their products.The key word there is "fledgling."
Are you saying your manufacturers are, in the 21st century, so weak and immature they need coddling NOW?!
You have no economic vision or awareness to understand what is happening. The World Trade Order is being reordered and there is nothing China can do about it.That would all be fine if we were still in the early 1800's. But we aren't and the Clay System wasn't built with a global economy in mind. This is kind of like saying that you've invented a better suspension for horse-drawn wagons. That's great but completely irrelevant in today's world. Protecting domestic manufacturing isn't a bad idea, but American costs and wages will still result in massive cost increases for the goods and services provided. America is no longer in position to be a manufacturing economy. We are a service economy now. Our economy rests not on physical goods, but on our knowledge and innovation. We have been moving away from being a manufacturing economy for decades. American workers will not work for the wages that would be needed to offset the tariffs... and even if they would, it would result in a massive reduction in our standard of living. The manufacturing economies that exist right now... do you want to live the way those people do? Me neither.
Hel_Books said:
The key word there is "fledgling."
Are you saying your manufacturers are, in the 21st century, so weak and immature they need coddling NOW?!
Perhaps better housing (why can't people afford decent homes or rentals near where they work?) better educated workers (why is the USA down with the third world in rankings of schooling?) better healthcare (why are so many Americans bankrupted by medical bills?) better infrastructure (why all the potholes, no bullet trains and airport hassles?) better energy supply (why would Texas, of all places, have blackouts?) before resorting to tariffs to "entice" companies by punishing importers.No. They need to be enticed into returning to America to produce their products.
Perhaps better housing (why can't people afford decent homes or rentals near where they work?) better educated workers (why is the USA down with the third world in rankings of schooling?) better healthcare (why are so many Americans bankrupted by medical bills?) better infrastructure (why all the potholes, no bullet trains and airport hassles?) better energy supply (why would Texas, of all places, have blackouts?) before resorting to tariffs to "entice" companies by punishing importers.
Besides, factories take a long time to build. The importers won't build domestically (unless you do all the other things suggested above) in the next four years. They'll just past on the extra costs of the tariffs, because they suspect they won't remain in effect very long. Just look at President Trump's flip-flop on consumer electronics tariffs!
Hel_Books said:
Perhaps better housing (why can't people afford decent homes or rentals near where they work?) better educated workers (why is the USA down with the third world in rankings of schooling?) better healthcare (why are so many Americans bankrupted by medical bills?) better infrastructure (why all the potholes, no bullet trains and airport hassles?) better energy supply (why would Texas, of all places, have blackouts?) before resorting to tariffs to "entice" companies by punishing importers.
Besides, factories take a long time to build. The importers won't build domestically (unless you do all the other things suggested above) in the next four years. They'll just past on the extra costs of the tariffs, because they suspect they won't remain in effect very long. Just look at President Trump's flip-flop on consumer electronics tariffs!
I've seen it. It's bad because government policy (rent control, misguided zoning, etc.) stifles private building, so government have to do the building. That has to change, and not just in the USA, but everywhere!Have you ever seen the "housing" that "workers" get when the government is in control of it?
I didn't think so.
In the American System, the purpose of tariffs was to protect America's infant industrial sector from competition from Britain and Germany, where the Industrial Revolution had started earlier and was further along.Trump and Our Return to the ‘American System’
Tim Overton | April 06, 2025
Few economic philosophies have shaped America’s prosperity as profoundly as Henry Clay’s American System—a blueprint for national strength and self-sufficiency. Developed in the early 19th century, Clay’s vision centered on protective tariffs, a strong national banking system, infrastructure development, and the responsible use of natural resources.
These pillars propelled the United States into economic dominance. However, in the latter half of the 20th century, Cold War geopolitics led to a significant departure from these principles. Today, President Donald Trump’s economic policies signal a revival of the American System, aiming to restore national industry, energy independence, and economic resilience.
One of the key components of Clay’s American System was the use of tariffs to shield domestic industries from foreign competition. Clay and his contemporaries understood that fledgling American manufacturers needed time to grow without being undermined by cheaper imports. This approach helped transform the U.S. from an agrarian economy into an industrial powerhouse.
Trump’s embrace of tariffs is a modern adaptation of this strategy, aimed at protecting American businesses from unfair foreign trade practices. His policies seek to revitalize domestic manufacturing, reduce dependency on foreign goods, and address trade imbalances, particularly with China. Additionally, tariff revenue contributes to lowering the national debt, reinforcing economic sovereignty.
More here: https://www.dailysignal.com/2025/04/06/trump-our-return-american-system/
This is the plan.
Government doesn't build housing for workers, it builds housing for the poor -- and the results are usually better than housing they could get any other way.Have you ever seen the "housing" that "workers" get when the government is in control of it?
I didn't think so.
It's an interesting contrast that places in the USA with low rates of homelessness are poor!
Trump does not have the vision or awareness to reorder the World Trade Order, at least not intentionally.You have no economic vision or awareness to understand what is happening. The World Trade Order is being reordered and there is nothing China can do about it.
You think "freeload" services promote homelessness?Which is why they have almost no homeless problem, no services for them to freeload off of.
There's a lesson in there. One which you and others will refuse to accept even though your doing so will not change anything or give the homeless more services in poor states.
Trump can't even cheat at golf without getting caught, no way he has the smarts for trade....Trump does not have the vision or awareness to reorder the World Trade Order, at least not intentionally.
Doesn't stop him from winning, does it? Well, from "winning".Trump can't even cheat at golf without getting caught, no way he has the smarts for trade....
Trump doesn't "win",he just declares "victory" and walks away.Doesn't stop him from winning, does it? Well, from "winning".
Or plays in his own tournament at his own resort where nobody present would dare beat him.Trump doesn't "win",he just declares "victory" and walks away.
How can he be that tall and have such a Napoleon complex?At 6'3" he is taller than both Elon Musk and JD Vance, who are both 6'2".
One of the great unexplained mysteries of our time!How can he be that tall and have such a Napoleon complex?
It would be a fine thing if Trump returned to that aspect of the American System.And massive spending on internal improvements. Remember Trump's "Infrastructure Week," when no actual money got spent?
Hel_Books said:
It's an interesting contrast that places in the USA with low rates of homelessness are poor!
I was pointing out that in the states where services are poor, the places like Texas where they have power blackouts and measles epidemics, places where women die from restrictions on abortion, places where polluters go unpunished, the government's feeble regulation of building allows builders to build more housing.Which is why they have almost no homeless problem, no services for them to freeload off of.
There's a lesson in there. One which you and others will refuse to accept even though your doing so will not change anything or give the homeless more services in poor states.
I was pointing out that in the states where services are poor, the places like Texas where they have power blackouts and measles epidemics, places where women die from restrictions on abortion, places where polluters go unpunished, the government's feeble regulation of building allows builders to build more housing.
The lack of proper regulation and planning does have its downside, though. For example, Houston is experiencing worse and worse flooding every year because they pave over more and more land without considering the need for proper storm water drainage.
There must be some middle ground, where building isn't hampered but also building is done safely. So many places everywhere in the world have yet to find that middle ground.
Hel_Books said:
I was pointing out that in the states where services are poor, the places like Texas where they have power blackouts and measles epidemics, places where women die from restrictions on abortion, places where polluters go unpunished, the government's feeble regulation of building allows builders to build more housing.
The lack of proper regulation and planning does have its downside, though. For example, Houston is experiencing worse and worse flooding every year because they pave over more and more land without considering the need for proper storm water drainage.
There must be some middle ground, where building isn't hampered but also building is done safely. So many places everywhere in the world have yet to find that middle ground.
Not sure if you're even disagreeing with what I've said. People should build dwellings adapted to the land. That's hardly "terraforming"!This is because the world isn't ordered according to the needs of mankind. The world is what it is and man has to adapt or die. We adapted.
Only now what you want is for us to engage in terraforming while simultaneously crying over "climate change."
Which is a simpleton's view of a very complicated subject.
Not sure if you're even disagreeing with what I've said. People should build dwellings adapted to the land. That's hardly "terraforming"!
As for climate change: suppose, hypothetically, that the crackpot science-deniers were right and the planet hasn't warmed up, but we still reduce air pollution and switch to clean energy, would that be such a bad thing?