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To: Mr. Jazzy

Who or what is Smoot-Hawley?


5 posted on 09/14/2009 5:43:13 PM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
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To: Kaslin

A protectionist bill passed during the Hoover Administration that increased tariffs.


8 posted on 09/14/2009 5:47:18 PM PDT by djsherin (Government is essentially the negation of liberty.)
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To: Kaslin
Who or what is Smoot-Hawley?

You obviously never saw Ferris Bueller's Day Off:

“In 1930, the Republican controlled House of Rep, in an effort to alleviate the effects of the… Anyone? Anyone?… the Great Depression, passed the…Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act which, anyone? anyone? Raised or lowered?… Raised tariffs, in an effort to collect more revenue for the federal gov’t. Did it work? Anyone? Anyone know the effects? It did not work, and the US sank deeper into the Great Depression.

9 posted on 09/14/2009 5:48:13 PM PDT by dfwgator
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To: Kaslin

Sounds to me like YOU need to brush up on your history!


10 posted on 09/14/2009 5:49:32 PM PDT by Mr. Jazzy ("I AM JIM THOMPSON!!!")
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