In The Nation short feature by William Greider entitled " Debtor Nation " (May 10, 2004), why does Greider believe that a new general tariff on imports is necessary? Given the major negative and positive consequences of imposing a general tariff and reducing consumption, do you think most informed Americans would find such a proposal as Grieder's to have merit? Provide examples from any of your reading, your conversations with other Americans or your experience to support your evaluation of the author's assertion.
"Deflation" by William Greider (June 12,2003)
"Encarta entry on The United States Great Depression" [PDF]
"Spending Our Way To Disaster" by Justin Lahart for CNN/Money Magazine (October 3, 2003)