Trump claims lack of tariffs caused the Great Depression. All the free-trader economists' heads are going to explode. - ThreadSky

steventdennis.bsky.social • 14 days ago

Trump claims lack of tariffs caused the Great Depression. All the free-trader economists' heads are going to explode.

Comments

yourcanadiangf.bsky.social•14 days ago

which fox news host told him this gem?

texaskrusty.bsky.social•14 days ago

I don’t think even they have anyone that is cheerleading this.

chrissittner.bsky.social•14 days ago

I believe he misremembered and today is opposite day, not liberation day.

palmvegas.bsky.social•14 days ago

Bueller, Bueller…

https://youtu.be/yuOHbyuanbY?si=l-Uuch0_2XvQ5eER

andrewperchard.bsky.social•14 days ago

… and a good many historians!

blake105.bsky.social•14 days ago

I turned it off. I literally can’t listen to him.

magneticsara.bsky.social•14 days ago

if only

brocktune.bsky.social•14 days ago

As many people have already replied, one of the most well known scenes of one of the most watched 80s comedy’s was about explaining the opposite of this exact point. So popular that the actor/economist got his own quiz show out of it! Like what are we even doing???

letsgosportsbar.bsky.social•14 days ago

FDR and ramps

leavingfilmstrk.bsky.social•14 days ago

Not just economists' heads.

treefrogjohn.bsky.social•14 days ago

Just when I thought tariffing fentanyl smugglers was the dumbest thing he has ever said.

shanemcoyle.bsky.social•14 days ago

The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone?

Raised or lowered?... raised tariffs, in an effort to collect more revenue for the federal government.

Did it work?

sean0919.bsky.social•14 days ago

Smoot and Hawley disagree

krisarmstrong1.bsky.social•14 days ago

At this point, you’ve either gotta laugh or cry.

bjc860.bsky.social•14 days ago

He's still to stupid to learn that foreign governments don't pay tariffs.

profe7094.bsky.social•14 days ago

My head just exploded
I don't know much, but I know that's complete bull shit

realbenisons.bsky.social•14 days ago

I was told (by Trump himself just the other day) that corrosive distorted revisionist ideological history is bad

that was then, this is "Smoot-Hawley tariffs should've gone bigger"