Rand Paul on Trump’s tariffs: When McKinley put tariffs on in 1890, they lost 50% of their seats… When Smoot-Hawley put their tariffs In the early 1930s, we lost the House and Senate for 60 years. So not only bad economically, they are bad politically.
Discussion
Yes, the economic and political system is perfect. The best thing to do is follow THAT conventional wisdom. /Heavy /Sarcasm
So right before some of the most productive time periods in US history we enacted tariffs? Weird coincidence...
Not right before. During. And he’s not saying it went from 0%-100% in these eras. They were increased more. Federal government was funded by tariffs pre-1913 and was one of the richest times in America.
So then how do we get other countries to remove their tariffs, airstrikes? 🤷♂️