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To: 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%.

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

70 posted on 04/30/2011 3:21:10 PM PDT by dennisw (NZT - "works better if you're already smart")
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To: dennisw

Smoot Hawley happened in a situation which was the diametric opposite of our current world situation.

Back then, America had the most to lose.

We were a massive exporting powerhouse.

Hint: We’re an importing mess now. We really have no more industry to lose.

We have everything to gain from a trade war. The only real question is, what are we waiting for?


72 posted on 04/30/2011 3:24:42 PM PDT by Cringing Negativism Network (Birther on Board)
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To: dennisw
I am tired of the "free traitor" lies about Smoot Hawley.

Don't let 'em get away with it anymore. Call 'em on it.

77 posted on 04/30/2011 6:33:51 PM PDT by central_va (I won't be reconstructed, and I do not give a damn.)
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