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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THINK TARIFFS WORK⁉️ Time for a little “Ferris Bueller” economics …
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#DonLemon aired a clip from Ferris Bueller’s Day Off to make a sharp point about tariffs and economic history, asking if anyone has shown it to #DonaldTrump. In the famous classroom scene, a teacher explains how Republicans passed the Smoot Hawley Tariff Act in 1930 to raise revenue during the Great Depression, only to make things worse as trade collapsed and prices rose. Lemon used the clip to underline that tariffs did not work then and have a long record of hurting consumers and slowing growt
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