[central_va]

Smoot Hawley did not cause the depression:

Imports during 1929 were only 4.2% of the United States' GNP and exports were only 5.0%. Monetarists such as Milton Friedman who emphasize the central role of the money supply in causing the depression, downplay the Smoot-Hawley's effect on the entire U.S. economy.[19]

Tariffs against China are a good idea, I am not sure about 25% but maybe 10% would be good. We are in a trade war already, we haven't fought back yet. Trump is right about this.

[ex-snook]

Thanks for setting the record straight on Smoot Hawley. As for the 25% Trump should not have said on China but on the American companies who export their manufacturing and jobs then turn around and import the product to this country. In addition to that 25%, they should be required to pay the employee and employer share of social security. Then there would be sufficient SS for Americans.

[Will88]

Here are some charts showing data from the GD. The first and fourth show GDP and the Money Supply. Pretty amazing.

http://www.usstuckonstupid.com/sos_charts.php

[dennisw]

Smoot Hawley did not cause the depression: Imports during 1929 were only 4.2% of the United States' GNP and exports were only 5.0%.

I am tired of the "free traitor" lies about Smoot Hawley.
Just another example of how effective the brainwashing has been