” he would know that the Fordney-McComber Tariff of 1922 was virtually identical to Smoot-Hawley and of course was followed by the Roaring 20s.
Gee, how did that happen? Well it happened because no serious student of economic history believes that Smoot-Hawley caused the Depression. It was correlative with the Depression, not causative.”
Why I endeavor to read many of your posts. In the top 10 of smart FReepers.
thanks for the high praise!
Indeed
The informed stand out from the emotive bleat
Pelham is a one percenter
He just needs the bottom rocker