https://www.conservapedia.com/api.php?action=feedcontributions&feedformat=atom&user=LagerHeadConservapedia - User contributions [en]2026-11-10T04:33:10ZUser contributionsMediaWiki 1.35.14https://www.conservapedia.com/index.php?title=Talk:Smoot-Hawley_Tariff&diff=945287Talk:Smoot-Hawley Tariff2011-12-14T21:35:56Z<p>LagerHead: </p>
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<div>Now I know why I never liked studying [[history]]. No one told me that the government made things worse. They only said, "How awful it was when grown men couldn't support their families." If I ever get a chance to be a history teacher, I will expose the [[liberal lie]] that, "The Great Depression showed that Capitalism is a failure." --[[User:Ed Poor|Ed Poor]] <sup>[[User talk:Ed Poor|Talk]]</sup> 09:00, 20 January 2010 (EST)<br />
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"However, foreign trade was a small part of the U.S. economy (4%), so economist such as Milton Friedman argue that the tariff could not have directly contributed much to the depression." This analysis ignores that 33% of farm income came from foreign trade, so this act devastated them. And FDR's policies of quotas and price controls made it worse.</div>LagerHead