June 17, 1930 President Hoover signed the Smoot-Hawley Tariff Bill, ushering in a new era of protectionsim/isolationism. The Republican sponsored bill placed tariff’s on minerals, chemicals, textiles and farm goods. These tariff’s amplified the emerging American Depression that lasted until we entered WWII in 1942. ~~~
Interesting. In my view if politicians had foresight and wisdom they would choose a more apt profession.
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Excellent food for thought…
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