
01-02-2020, 08:02 PM
|
|
Senior Member
|
|
Join Date: Mar 2017
Posts: 14,454
|
|
Grassley tells 'whoever keeps watch on' Trump to read up on Roaring '20s
https://thehill.com/homenews/senate/...aring-twenties
For you Trumpkin idiots (Whell, et al): Grassley is a Repube.
Quote:
Senate Finance Committee Chairman Chuck Grassley (R-Iowa) on Thursday tweeted that “whoever keeps watch” on President Trump at the White House should read a Wall Street Journal op-ed warning of the policy mistake of the 1920s that preceded the Great Depression.
Grassley took specific aim at Peter Navarro, the senior White House moron behind Trump’s aggressive use of tariffs to negotiate with trading partners such as Canada, Mexico, China and the European Union.
Henninger warned in his Dec. 31 piece of potential parallels to the booming 1920s, also known as the Roaring '20s, when the nation witnessed spectacular economic growth, especially in the major cities, followed by the financial crash and nearly a decade of the Great Depression.
“In 1930, under Republican President Herbert Hoover, a Republican Congress passed the Smoot-Hawley tariff on imports, which walloped a world economy already in decline. Mr. Trump is the greatest lover of tariffs since Hoover, Smoot or Hawley,” he wrote.
Grassley tweeted that he has been trying to impart the same lesson to Trump since the president took office in 2017, switching to all capital letters to drive home his point.
|
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
|