this post was submitted on 07 Nov 2024
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Microblog Memes

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[โ€“] [email protected] 98 points 1 week ago (5 children)

I don't know if this post is true or not. However, a lot of people don't know history, civics, & economics. (This is the result of the Reagan & Bushes dismantling of the education system.) I've told a lot of people to look up the Smoot-Hawley Tariff Act of 1930 and the impact it had on our and the global economy. Tariffs will start a trade war. That's what happened to our farmers the last time Trump was in office. He ended up having to bail out farmers which cost more than the tariff brought into the government. The Chinese simply bought their soy beans from other countries instead of paying for ours. There were a lot of farmers that lost their farms then.

[โ€“] [email protected] 38 points 1 week ago

I'm sure the corporate farmers were happy to buy up that land and cut the trump admin a nice check for the convenience.

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