For anyone following this thread, presido refuses to answer a simple question. The answer is <4% of the US economy(GDP) was based on exports in 1935. This is relevant because Smoot Hawley legislation put limits on exports. Even if ALL of the import-export business was removed from the economy in 1935, a <4% loss in GDP is not going to either cause a depression or make one worse.
Smoot Hawley is red herring to distract from the real issues of offshoring and unfair trade practices.
For anyone following this thread, presido refuses to answer a simple question. The answer is <4% of the US economy(GDP) was based on exports in 1935. This is relevant because Smoot Hawley legislation put limits on exports. Even if ALL of the import-export business was removed from the economy in 1935, a <4% loss in GDP is not going to either cause a depression or make one worse. My apologies, as I had no idea that you were Doctor Emmett Brown. Clearly if one is in possession of a flux capacitor it is indeed possible for something that takes place in 1935 to have a causational effect in 1930. Please say hello to the McFly family if you run into them in your travels.