Pres­i­dent Rea­gan de­rided tar­iffs in ra­dio ad­dress

Walker County Messenger - - Front Page -

Pres­i­dent Ron­ald Rea­gan summed up the case against tar­iffs in his ra­dio ad­dress to the na­tion on June 1986, say­ing: “….A for­eign gov­ern­ment raises an un­fair bar­rier; the United States Gov­ern­ment is forced to re­spond. Then the for­eign gov­ern­ment re­tal­i­ates; then we re­spond, and so on. The pat­tern is ex­actly the one you see in those pie fights in the old Hollywood come­dies: Ev­ery­thing and ev­ery­body just gets messier and messier. The dif­fer­ence here is that it’s not funny. It’s tragic. Pro­tec­tion­ism be­comes de­struc­tion­ism; it costs jobs. …”

A video, cour­tesy of the Ron­ald Rea­gan Pres­i­den­tial Li­brary, of Pres­i­dent Rea­gan’s Ra­dio Ad­dress to the Na­tion on In­ter­na­tional Trade from Ran­cho Del Cielo on June 28, 1986, can be found at https://www. youtube.com/watch?v= hLKQidzXRCU&fea­tur e=youtu.be

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