[central_va]

Smoot-Hawley is a globalist fairy tale.

But the impact of trade was miniscule when compared to the size of the overall economic contraction. Government expenditures remained essentially constant, but private consumption and investment plummeted. Of the $131 billion in lost economic output over the five-year period, only about $0.7 billion seems attributable to trade. This is shown as the last entry in the last row of the table. In either absolute or relative terms, the trade portion of the economic contraction of the Great Depression appears to be of little import.

Read more:

https://www.americanthinker.com/articles/2011/01/smoothawley_and_the_depression.html

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[AnotherUnixGeek]

President Trump’s barrage of tariffs could blow up our economy in a way not seen since Congress passed the 1930 Smoot-Hawley Tariff Act.

This clown needs to take some lessons from the global warming cult - his baseless fear-mongering needs work.

[central_va]

Gary Shapiro is a Free Traitor™.

[vpintheak]

I used to be a “free trader”. I’ve long ago gave that up and became an America first guy! Just what in the heck do we owe any other nation on the planet? An honest look would tell you that the rest of the world should be kissing our behinds! But hey, I’m just a proud, and thankful American. Blessed to have been born in the greatest nation in the history of this planet.