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“What’s interesting about our country, if you study history, is that there are some ‘isms’ that occasionally pop up. One is isolationism and its evil twin protectionism and its evil triplet nativism. So if you study the ’20s, for example, there was an American-first policy that said, ‘Who cares what happens in Europe?’ … And there was an immigration policy that I think during this period argued we had too many Jews and too many Italians, therefore we should have no immigrants. And my point is that we’ve been through this kind of period of isolationism, protectionism and nativism. I’m a little concerned that we may be going through the same period. I hope that these ‘isms’ pass.”
Wrote British historian A.J.P. Taylor: “American policy was never more active and never more effective in regard to Europe than in the 1920s. Reparations were settled; stable finances were restored; Europe was pacified, all mainly due to the United States.”
Result: Unemployment, 12 percent when Harding took office, was 3 percent when Calvin Coolidge left. Manufacturing output rose 64 percent in the Roaring Twenties. Between 1923 and 1927, U.S. growth was 7 percent a year. At decade’s end, America produced 42 percent of the world’s goods.
Compare this economic triumph with the fruits of W’s free-trade policy that wiped out 6 million U.S. manufacturing jobs, one of every three we had, and put America in hock to China.
The 1924 Immigration Act, to end the Great Wave of the previous 30 years from Southern and Eastern Europe, did seek to preserve the ethnic character of the country. Yet, after 40 years of that moratorium, the Melting Pot having done its work, America was more united and socially at peace in the Eisenhower-JFK era than she has been before or since.
Bush ought to sue Phillips Academy for educational malpractice.
For eight years, Bush pursued interventionism, free trade and open borders. Result: two wars that have bled his country and reaped a harvest of hate, the deindustrialization of America and a republic on its way to becoming the new world order’s Tower of Babel.
Political result: A wipeout of the GOP in 2006 and 2008, and Bush going home to Texas with the lowest job approval in presidential history.
Bush ought to sue Phillips Academy for educational malpractice.
As for “nativism,” the term dates to the mid-19th century and had to do with hostility to Catholics and Irish, not Italians and Jews.
..........with the Mexican free trade agreement and our Enterprise for the Americas Initiative we can help our partners strengthen their economies and move toward a free trade zone throughout this entire hemisphere.