Tariffs not the way to go. Smoot-Hawley Tariff Act of 1930, anybody?
Economists still agree that Smoot-Hawley and the ensuing tariff wars were highly counterproductive and contributed to the depth and length of the global Depression."The Smoot-Hawley Tariff was one of the causes of The Great Depression as foreign trade with Europe as well as China, which the United States had just recently set up an "Open-Door Policy" with, was vital to the economy.
Our economy is shaky enough with a certain party in the WH, new tariffs and the retaliation it would bring would take us over the cliff. The only answer is to make us more competitive in the industries where a higher wage can be paid for skilled workers.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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