President Donald Trump's sweeping tariff policy could be a worse move for the U.S. than the Smoot-Hawley Tariff Act of 1930, according to Jeremy Siegel.
The last time the US did wide sweeping tariffs it plunged a stagnant economy into the great depression. That was 95-96 years ago. Trump does the same thing expecting different results, gets even greater depression.
It’s funny because you have every expert known to man saying “this will be devastating for the economy” and no one listened. Now everyone’s 401k evaporates and they care all of a sudden. They were told this would happen and no one cared.
And his idiot voter are will be cheering it on, even when they’re starving to death. And for what, the dumbest and ugliest fatso on the planet. Great guys hope you enjoyed your time on earth owning the libs. Hope it was worth it.
The last time the US did wide sweeping tariffs it plunged a stagnant economy into the great depression. That was 95-96 years ago. Trump does the same thing expecting different results, gets even greater depression.
It’s funny because you have every expert known to man saying “this will be devastating for the economy” and no one listened. Now everyone’s 401k evaporates and they care all of a sudden. They were told this would happen and no one cared.
“The Great Depression produced The Greatest Generation, and we’re going to do it again!” - HitlerPig 2.0
This is going to be the greatest depression, folks, possibly in history they say. We’ve got the smartest people working on this depression.
And his idiot voter are will be cheering it on, even when they’re starving to death. And for what, the dumbest and ugliest fatso on the planet. Great guys hope you enjoyed your time on earth owning the libs. Hope it was worth it.
What Trump did is actually worse. His tariffs are even higher than the Smoot-Hawley ones.
And our reliance on a complex global economic/ trade system is far higher today. We have a LOT more to lose.
The Trump’s supporters have not lost the faith.
I would assume not. At this point he could drive the car into a volcano and they would make up reasons about why it was actually a good thing.
Is what it is.