Are Tariffs A Good Idea?

[Delldude]

If that is your feeble attempt to avoid confronting reality, it'll have to do, I guess.

Nothing you've provided are any form of a smoking gun

 

[Delldude]

​

Trump's pledge to lower costs on "day one"​

Empirical reality has the Trump bum kissers in a tizzy.

Forecasts Point to Tariffs Accelerating Inflation​

The latest inflation report shows that high prices are Trump’s​

I don't see too many one the right in an empirical tizzy over Trump's day one comments. It's the left who are/have/had a meltdown over the comments.

I think its called 'campaign rhetoric'.

'Forecasts point'.....................speculation Old Boy, not fact.

And to your third 'claim'..............you cropped the article title..........whatta chooch.

The latest inflation report shows that high prices are Trump’s major economic challenge​

 

[schmidlap]

Nothing you've provided are any form of a smoking gun

You can tell yourself whatever you need to, of course.

 

[Delldude]

You can tell yourself whatever you need to, of course.

You got caught.

 

[dudmuck]

He he he......it's steady as she goes, Schmid......you clowns are the ones pulling your hair out on the nightly news.

 

[Delldude]

Bet ya' can't back that up....................

Was it caused by tariffs? ​

The Great Depression was a catastrophic economic downturn that began in October 1929 and lasted for nearly a decade. It is considered one of the worst economic periods in history, with a peak unemployment rate that included an estimated 12,830,000 persons out of work in 1933 alone.

Other countries including Germany and Britain also suffered economic declines during this period.

While the U.S. has imposed tariffs on some imported goods since the late 1700s, did tariffs cause the Great Depression? "Certainly not," says Gary Richardson, economics professor at the University of California, Irvine and former historian of the Federal Reserve System.

"The depression started when tariffs were low. So the tariffs or the thought of having tariffs were not a cause of the Great Depression," Richardson tells NPR.

In the early 1900s, the U.S. government transitioned toward a free trade system and adopted federal income taxes in 1913, which helped reduce the government's dependency on tariffs.

And the Smoot-Hawley Tariff Act, named after Republicans Oregon Rep. Willis Hawley and Utah Sen. Reed Smoot, implemented high tariffs that reached nearly 60%. But this act was not signed into law until June 17, 1930, months after the Great Depression had already started.

https://www.npr.org/2025/03/06/nx-s1-5318076/tariffs-great-depression-explainer

 

[dudmuck]

Bet ya' can't back that up....................

Was it caused by tariffs? ​

The Great Depression was a catastrophic economic downturn that began in October 1929 and lasted for nearly a decade. It is considered one of the worst economic periods in history, with a peak unemployment rate that included an estimated 12,830,000 persons out of work in 1933 alone.

Other countries including Germany and Britain also suffered economic declines during this period.

While the U.S. has imposed tariffs on some imported goods since the late 1700s, did tariffs cause the Great Depression? "Certainly not," says Gary Richardson, economics professor at the University of California, Irvine and former historian of the Federal Reserve System.

"The depression started when tariffs were low. So the tariffs or the thought of having tariffs were not a cause of the Great Depression," Richardson tells NPR.

In the early 1900s, the U.S. government transitioned toward a free trade system and adopted federal income taxes in 1913, which helped reduce the government's dependency on tariffs.

And the Smoot-Hawley Tariff Act, named after Republicans Oregon Rep. Willis Hawley and Utah Sen. Reed Smoot, implemented high tariffs that reached nearly 60%. But this act was not signed into law until June 17, 1930, months after the Great Depression had already started.

https://www.npr.org/2025/03/06/nx-s1-5318076/tariffs-great-depression-explainer

Smoot-Hawley made the depression worse due to retaliatory tariffs from other countries, which reduced US exports and global trade. It was replaced by the Reciprocal Trade agreement of 1934.

 

[Delldude]

Smoot-Hawley made the depression worse due to retaliatory tariffs from other countries, which reduced US exports and global trade. It was replaced by the Reciprocal Trade agreement of 1934.

Oh, avoid your lame unsubstantiated claim of tariffs causing depressions?

 

[dudmuck]

Oh, avoid your lame unsubstantiated claim of tariffs causing depressions?

i said smoot hawley made the depression worse than it otherwise would have been. This is the reason for the 1934 reciprocal trade agreement act.

 

[Delldude]

i said smoot hawley made the depression worse than it otherwise would have been. This is the reason for the 1934 reciprocal trade agreement act.

You claimed we've been here three times due to tarrifs.