I think not, because he started subsidies to exporters which are far worse than any tariff.
The Smoot Hawley tariff was terrible but it wasn't quite as bad as the export subsidies started by FDR because
there was at least some choice to pay the tax or to get what you wanted,
it didn't require as much taxation,
and it didn't open the door for companies to produce what the govt wanted... if you're subsidized, then the govt will regulate you.
So as terrible as 60% average tax on imports are, they aren't quite as bad as the Export Import Bank and they aren't as bad as the subsidies and bailouts because you have some choice to pay the tax with a tariff... you don't have a choice to not have your tax dollars spent on corporate welfare.
I'm not endorsing tariffs, but at least you still have one arm with them.
FDR was a terrible authoritarian (not like me) and the bloodiest U.S. President (I'll never be part of the ruling class) ever going on number of individuals murdered. I may contain no original thought (like FDR), but I've always seen through his deceptive ass since I was a little kid.
Why Hitler is regarded as the worst person of the 20th Century over FDR, Stalin, or Churchill, I'll never understand. I realized that Hitler was a Keynesian nationalist, but he wasn't on FDR's level of atrociousness.
The Smoot Hawley tariff was terrible but it wasn't quite as bad as the export subsidies started by FDR because
there was at least some choice to pay the tax or to get what you wanted,
it didn't require as much taxation,
and it didn't open the door for companies to produce what the govt wanted... if you're subsidized, then the govt will regulate you.
So as terrible as 60% average tax on imports are, they aren't quite as bad as the Export Import Bank and they aren't as bad as the subsidies and bailouts because you have some choice to pay the tax with a tariff... you don't have a choice to not have your tax dollars spent on corporate welfare.
I'm not endorsing tariffs, but at least you still have one arm with them.
FDR was a terrible authoritarian (not like me) and the bloodiest U.S. President (I'll never be part of the ruling class) ever going on number of individuals murdered. I may contain no original thought (like FDR), but I've always seen through his deceptive ass since I was a little kid.
Why Hitler is regarded as the worst person of the 20th Century over FDR, Stalin, or Churchill, I'll never understand. I realized that Hitler was a Keynesian nationalist, but he wasn't on FDR's level of atrociousness.
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