Mark Levin doesn’t know squat about tariffs and repeats nonsense like “the Smoot-Hawley tariff caused the Great Depression”. He hasn’t read any serious economic history and he gets away with it because 99% of the public doesn’t read economic history either and they don’t know that he’s full of $%it.
It’s an especially enjoyable irony to have a Lincoln fan like Levin condemning tariffs and demanding free trade- just further evidence of his profound ignorance of the history of American tariffs.
The American gov’t was financed by tariffs from 1788 until 1913. It not only survived, it became a major economic power with tariffs paying the gov’ts bills.
Tariffs were also used expressly for protection of American industry. Alexander Hamilton as first Treasury Secretary proposed this, and his plan was the passed by the First Congress and signed into law by President George Washington. I guess they were economic ignoramuses compared to the genius Levin.
Our economic competitors don’t believe in free trade and they don’t practice it. Japan perfected a managed trade model that protects the home market for domestic industry. Most of Asia now imitates it. They largely employ non-tariff barriers that have the identical effect as tariffs, it just makes the barriers harder to prosecute in international forums.
Adam R Alb @AdamRAlb 6h6 hours ago
@marklevinshow Donald Trump has got a lot done the last 2 days. How come you aren't tweeting in support of it? Just curious.
https://twitter.com/search?f=tweets&vertical=default&q=marklevinshow&src=typd
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Am I missing something or is Mark not talking about or tweeting about much of the postive work Trump has been doing. He just writes an "oh my" to a politico anti-Trump article. Mark, afaik, said nothing on Trump reducing regulations by 75%. That was an issue for Mark. Eventhough Trump always pledged in the primary that he would massively cut regulations, Mark would say he is not hearing anything from Trump about cutting regulations. I'm sure he's heard it by now.