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To: _Jim

Check out the GDP for the period when Smoot-Hawley was in effect...in most years under Smoot....the GDP grew, especially later in the 1930s. The GDP is the real inidcator of overall economic growth.


147 posted on 09/12/2009 5:20:01 AM PDT by UCFRoadWarrior (Isolationism and Protectionism make a stronger nation than Idealism and Globalism)
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To: UCFRoadWarrior
The GDP is the real inidcator of overall economic growth.
Is it possible you have fallen into the same trap that the 'brain trust' of FDR fell into?

You're NOT denying that unemployment was rampant during that period, are you?

What affect did S-H have on exports?

154 posted on 09/12/2009 5:57:54 AM PDT by _Jim
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To: UCFRoadWarrior
Check out the GDP for the period when Smoot-Hawley was in effect...in most years under Smoot....the GDP grew, especially later in the 1930s. The GDP is the real inidcator of overall economic growth.

Oops.


157 posted on 09/12/2009 7:44:18 AM PDT by 1rudeboy
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