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these 21st century Smoot-Hawley Tariffs are a good idea and I encourage the USA in strangling itself
For those of us who don’t remember high school US history very well:
Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. "Voodoo" economics.
fr the only reason I remember the name smoot hawley tbh, though I think they did come up once in school mayyyybe