Comment on Trump says Mexico’s president has ‘agreed to stop’ migrants crossing into US through her country
glimse@lemmy.world 3 weeks agoIn 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the… Anyone? Anyone?.. the Great Depression, passed the… Anyone? Anyone? 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? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression.
wintermute_oregon@lemm.ee 3 weeks ago
We have tariffs. We gave had tariffs since the dawn of the nation. Are you ignorant enough to think we don’t have tariffs currently or think Trump was the first person to implement tariffs ?
glimse@lemmy.world 3 weeks ago
I think you’re ignorant enough to think I don’t know tariffs exist
wintermute_oregon@lemm.ee 3 weeks ago
Then can make a coherent point instead of just quoting a movie.
Based on your comment, I suspect you didn’t realize we’ve always had tariffs. You may be shocked to know Biden kept most of trump’s tariffs. They also were not tied to inflation.
As with most complicated things, we won’t know the impact till after the fact.
glimse@lemmy.world 3 weeks ago
We have historic evidence that insane tariffs like this hurt the economy and no historic evidence that they help. Care to provide any expert sources saying this won’t be a disaster? Because I sure can’t find any outside of conservative think tank mouthpieces
If anyone in this discussion doesn’t understand tariffs, it’s Trump who thinks other countries will pay for it. Those 2018 tariffs TOTALLY didn’t result in companies using Thailand as a middleman to avoid paying and then passing on those extra costs to us! US companies were DEFINITELY not buying 99% complete products from Hina and “finishing” them here! That’s why we’re all using affordable solar panels now