Tag Archives: Smoot–Hawley Tariff

Donald Trump Channels Smoot/Hawley?

Donald Trump, populist supreme, favors high tariffs on Chinese goods. (Does he have a “Smoot-Hawley” T-shirt?  They enlarged the Great Depression that same way.) We have been hornswoggled by Mr. Trump. He raises key issues important to us but clearly … Continue reading

Posted in Ecomomics, Goverrnment, Politics, Uncategorized | Tagged , , , | 2 Comments

Is Obama Channeling Smoot and Hawley?

Students somehow familiar with our prior Great Depression (1929–1945) know it was prolonged by, among other dumb things, heavily protective trade policies that served to raise prices for consumers while reducing trade generally. The glaring example was the Smoot-Hawley Tariff. … Continue reading

Posted in Barack Obama, Competition, Congress, Economics, Foriegn Policy, Trade, Uncategorized | Tagged , , , | Leave a comment