And the tariffs put in place in 1930 lead to the Great Depression. Tariffs were a bad idea then and are a bad idea today, as seen by the out of control inflation we are experiencing and the 80,000 manufacturing jobs lost in the last year here in the States.
https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act
Sad that a Thread on inexpensive U.S. built doubles triggered this largely dishonest crying jag from Princess Stevie.
If Princess Stevie had any reading comprehension and actually read the wikipedia entry she provided, she would not be saying that Tariffs lead to the Great Depression. The Depression had already started and the 1929 Stock Market Crash happened before the Smoot-Hawley Tariff Act was passed. Lies are nothing new from the Princess.
Of course, Princess Stevie is still suffering from Trump Derangement Syndrome, and just last week was crying to craigd, and calling Trump, "your President." So now we have the Princess calling Trump "your President", when she has repeatedly claimed she voted for Trump every time since he first ran in 2015. We all knew that was bullshit because she was frequently critical of Trump while being totally silent about much worse performance from the anti-gun Democrat Joe Biden.
In last weeks tense exchange with craigd, Princess Stevie was whining about $5.00/gal. gas prices when the National average was actually much less. So there's another easily provable lie. And our closet Democrat Princess never once complained when gas prices were much higher under Biden. And let's not forget that a big part of current gas prices is due to the 20 to 25% Inflation caused by Biden economic policies. Again, Princess Stevie never once complained about the Bidenflation we are still stuck with, and will never mention that current gas prices would be quite a bit lower if Bidenflation never happened.
Trump also did not raid and drain the Strategic Oil Reserve for political gain. I'd love to see an audit of how much the Reserve was actually depleted after being filled to the brim by Trump, and how much of the proceeds were stolen by Democrats. Unemployment is up marginally, but still quite a bit lower than the average for Bidens term. Unemployment fell throughout Trumps first term, in spite of him imposing Tariffs then as well. It will take some time for new factories to be built and begin hiring Americans, after decades of offshoring and massive job losses that Princess Stevie will never mention.
I paid $3.58/gal yesterday, and never batted an eye even when prices got up near $5.00. I expect things will be getting back to normal fairly soon. It was well worth a little short term pain to defang Iran and stop their pursuit of nuclear weapons. Besides, my oil stock dividends more than cover my annual fuel usage costs. I remember a lot of older people talking about shortages and price increases that happened during WWII, but none of them cried like Princess Stevie, and none ever said we should not have gone to war to stop Germany and Japan.