Bier de Stone ( wrote,
Bier de Stone

Ending a recession; next, Great Depression. Update

Hoover devastated America’s exporters by signing the Smoot-Hawley Tariff Act, triggering a devastating trade war. President Obama triggered retaliatory tariffs from Mexico when he appeased his Teamster supporters by blocking Mexican trucks from entering the United States, unilaterally repudiating NAFTA.
The Next Great Depression, Updated
Tags: politics

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