Tag Archives: trade war

Obama's Trade War – Does Anyone Remember Smoot-Hawley?

Isn’t it amazing how history repeats itself. The 1920s and last few years have become eerily similar. First we had unsustainable economic booms, followed by busts. The government responded to both crises with public works programs, stimulus spending, more easy money by the Federal Reserve, and tax hikes on “the rich.” These policies did not… Read More »