Tuesday, January 24, 2012

"Obama is that Damn Hoover President"

By John Ransom

"Combined with the world-wide trade war on the US that was started because of the Smoot-Hawley Tariff, the country’s economy could not absorb the strain that Hoover’s “progressive” government put on business and finance.

Although it’s doubtful that the Obama administration would try to enact tariffs, they might invoke anti-dumping provisions in trade agreements, which would amount to the same thing as tariffs."

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1 comment:

FIREBIRD said...

That's an insult to Herbert Hoover!