See he does know what he’s talking about

@SomeMichGuy he has a better grasp of history than you

@Ferise1 He doesn't have a better grasp of ANYthing than me, other than lying, grifting, shysterism.

@SomeMichGuy no one has a better grasp of history than him

@Ferise1 I'm sorry you know it so poorly! lol

@SomeMichGuy lm lightly mocking him but in this case he’s right

@Ferise1 The guy who said we took Britain's airfields in the Revolutionary War? That we have been allies with Italy for years before we existed?

@SomeMichGuy if you can counter what he’s saying here lm all ears

@Ferise1 As always, he says a bunch of things without any proof.

Since his relationship with truth is extremely erratic, at best--at least in his public statements and those made in the presence of seasoned helpers in the first Admin--I would be more likely to believe my dog or my cat on US economic history long before I would believe him.

The truly interesting thing is why do you believe him withOUT proof?

@SomeMichGuy right so you don’t actually have a counterpoint

@Ferise1 Ah, so I have to prove my side but he can say the sky is chartreuse on a clear day and you'll go along with that?

He lies it all the time. So it wouldn't be surprising if this were YAL, right?

But you like to believe he's right, at least in this, ergo, he is right, and no proof is ok?

@SomeMichGuy if he was wrong the media would have been all over it as always

@BlueGreenGrey that’s not a fair comparison
And the fed created the Great Depression
It’s a crime against humanity

@Ferise1 Ok,

1) The remarks made by DJT seem to be based largely along the lines of an article in Forbes 7 yrs ago, When Tariffs Worked by one Brian Dimitrovic "a[sic] historian of supply-side economics" (see https://www.forbes.com/sites/briandomitrovic/2018/03/09/when-tariffs-worked/).

Supply-side economics have been hugely discredited. Giving the rich MORE money doesn't create more jobs for average people.

2)
The Fed didn't do it.

But LACK of government regulation of the banks DID...

And yes, it WAS a crime against us, and that's why greed needs oversight. Getting rid of oversight / regulation of banks can lead to this again (why did we pay out vast sums to stabilize the banking system when junk bonds were being sold as something worth buying, when repackaged?).

And tariffs made it worse:

(See https://en.m.wikipedia.org/wiki/Great_Depression)

3) And for another rant you likely support, getting off the gold standard was essential to lifting countries out of the Depression.

Countries came out of it in the order in which they dumped the gold standard.

4) DJT lied about the commission of 1880.

(Emphasis added; see https://www.u-s-history.com/pages/h733.html)

@SomeMichGuy The tariffs initially appeared to be a success; according to historian Robert Sobel, "Factory payrolls, construction contracts, and industrial production all increased sharply." However, larger economic problems loomed in the guise of weak banks. When the Creditanstalt of Austria failed in 1931, the global deficiencies of the Smoot–Hawley Tariff became apparent.[12]
U.S. imports decreased 66% from $4.4 billion (1929) to $1.5 billion (1933), and exports decreased 61% from $5.4 billion to $2.1 billion. US gross national product fell from $103.1 billion in 1929 to $75.8 billion in 1931 and bottomed out at $55.6 billion in 1933.[21] Imports from Europe decreased from a 1929 high of $1.3 billion, to $390 million in 1932. U.S. exports to Europe decreased from $2.3 billion in 1929 to $784 million in 1932. Overall, world trade decreased by some 66% between 1929 and 1934.[22]
Unemployment was 8% in 1930 when the Smoot–Hawley Act was passed but the new law failed to lower it. The rate jumped to 16% in 1931 and to 25% in 1932–1933.[23] There is some contention about whether this can necessarily be attributed to the tariff.[24][25] The Great Depression was already in motion before Smoot-Hawley, mainly due to financial instability, falling demand, and poor banking practices. However, the tariff worsened the crisis by shrinking global trade, hurting farmers, and reducing employment in export-dependent industries. Had it not passed, the Depression still would have occurred, but perhaps with less severity
PERHAPS

@Ferise1 You just explained why the tariff failed.

Thank you for agreeing.

And getting off the gold standard was crucial to getting out of the Depression.

@SomeMichGuy no i didn’t

@Ferise1 Yes, the explanation you quoted made it clear.

@SomeMichGuy no it says perhaps. The left will always say what the right did was wrong.

@Ferise1 No, but tariffs are a tax, period.