TARIFFS (PART 1) - HISTORY: John looks into the infamous Hawley-Smoot tariffs from the 30s. And even more importantly, looks into the teacher from Ferris Bueller. | Chas from Planet America
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TARIFFS (PART 1) - HISTORY: John looks into the infamous Hawley-S…
2.4K viewsMar 12, 2018
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THINK TARIFFS WORK⁉️ Time for a little “Ferris Bueller” economics lesson! 😆🎥🍿 In a scene from the 1986 comedy, Bueller’s econ teacher is talking to an uninterested class about the Smoot-Hawley Tariff Act — a real bill signed by Hoover that increased tariffs on imported goods. Sound familiar⁉️ Just like Trump’s — it absolutely TANKED the economy. “In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the… Anyone? Anyone?" When he gets no reply, h
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