Trump’s tariffs represent a potentially catastrophic economic blunder, arguably the worst in nearly a century. The sheer scale of the economic disruption they’ve caused is unprecedented, recalling historical parallels like the Smoot-Hawley Tariff Act of 1930, a period synonymous with economic hardship. The comparison isn’t arbitrary; the potential consequences are strikingly similar.
The timing of these tariffs is also alarmingly reminiscent of past failures. Similar large-scale tariff implementations have been spaced roughly a century apart, suggesting a cyclical pattern of forgetting the disastrous consequences. This pattern underscores a failure to learn from history, a failure that now threatens to repeat past mistakes on a potentially even larger scale.… Continue reading
Recent special elections in Wisconsin and Florida, along with President Trump’s new tariffs, have sparked concern within the Republican party about the 2026 midterms. Republican senators, including Tillis and Paul, warn that the tariffs risk economic harm and voter backlash, drawing historical parallels to previous tariff-related electoral defeats. Trump’s dismissal of criticism from senators who voted to roll back his tariffs further fuels this anxiety. Public opinion polls reveal a lack of widespread support for Trump’s economic policies, adding to GOP worries about the upcoming elections.
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President Trump’s assertion that tariffs could have prevented the Great Depression sparked widespread online ridicule. He incorrectly claimed that a lack of tariffs caused the Depression, directly contradicting the established understanding that the Smoot-Hawley Tariff Act, enacted during the Depression, worsened the economic crisis through trade wars. His new tariff announcement immediately triggered a stock market downturn, further fueling criticism. Experts, including former Labor Secretary Robert Reich, condemned the tariffs as unjustly transferring wealth from working people to the wealthy.
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Matt Underwood 
John Q. Hosedrinker