Opinion of Smoot-Hawley Tariff
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  Opinion of Smoot-Hawley Tariff
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Question: Hi.
#1
Freedom Tariff
 
#2
Fail Tariff
 
#3
Tariffs suck. Long live free trade!
 
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Total Voters: 21

Author Topic: Opinion of Smoot-Hawley Tariff  (Read 1584 times)
k-onmmunist
Winston Disraeli
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« on: July 27, 2009, 05:46:07 PM »

I support Free Trade, so my answer should be obvious.
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Associate Justice PiT
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« Reply #1 on: July 27, 2009, 05:48:44 PM »

     Option three.
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Kaine for Senate '18
benconstine
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« Reply #2 on: July 27, 2009, 06:26:44 PM »

Option 2.
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phk
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« Reply #3 on: July 27, 2009, 06:40:45 PM »

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Nym90
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« Reply #4 on: July 27, 2009, 08:29:33 PM »

It failed of course, but the countries with whom we have "free" trade with today are far different than they were then, so arguing this somehow proves we should have free trade with China today is a tad disingenuous.
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True Federalist (진정한 연방 주의자)
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« Reply #5 on: July 27, 2009, 10:45:27 PM »

Option 2

Smoot-Hawley's fault was that it was so excessive it ensured a world trade war that no one could win.

Mild and/or targeted tarriffs need not start trade wars and can be beneficial to developing countries that truly are trying to develop, such as the United States in the early 19th century.
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Marokai Backbeat
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« Reply #6 on: July 28, 2009, 12:10:19 AM »

Option 2

Smoot-Hawley's fault was that it was so excessive it ensured a world trade war that no one could win.

Mild and/or targeted tarriffs need not start trade wars and can be beneficial to developing countries that truly are trying to develop, such as the United States in the early 19th century.

Finally, a nuanced opinion on this topic.
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Lunar
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« Reply #7 on: July 28, 2009, 12:17:01 AM »

One you agree with, MB?

Because the US is not a developing country in the need of nuanced tariffs, raht?
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Marokai Backbeat
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« Reply #8 on: July 28, 2009, 12:23:40 AM »

One you agree with, MB?

Because the US is not a developing country in the need of nuanced tariffs, raht?

Obviously Smoot-Hawley was ridiculous, and tariffs are generally not smart policy, especially for us now, but tariffs are often given a bad rep because of Smoot-Hawley, as if they destroy economies and kill trade. SH did, because it was much larger and broad than past tariffs, but mild tariffs on specific products or countries are not necessarily always bad policy.

I just dislike the tariffs are good/tariffs are bad choice, it's much more complicated.
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Mechaman
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« Reply #9 on: July 28, 2009, 01:15:57 AM »

Since protectionistfags are second only to moralfags to which I fix my emblem of hate on, option 3
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k-onmmunist
Winston Disraeli
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« Reply #10 on: July 28, 2009, 04:05:43 PM »

Tariffs are bad, in my opinion. No exceptions. They damage both nations that enact them, and the Smoot-Hawley Tariff was particularly bad in that it damaged every major economy in the world (apart from the isolated USSR, and China, which was on a silver standard).
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Хahar 🤔
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« Reply #11 on: July 28, 2009, 04:28:32 PM »


Cool.
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pogo stick
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« Reply #12 on: July 29, 2009, 05:02:10 PM »

Fail Tariff.

I'm 100% tariffs, because I'm against taxes in general.

But this tariff was obviously the worst, it makes me ashamed to be a Republican (Both senators who made this garbage were GOPhers)

Also, Herbert Hoover was the reason why I used to hate the GOP and the fiscal right with a passion.
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Southern Senator North Carolina Yankee
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« Reply #13 on: July 29, 2009, 06:28:03 PM »
« Edited: July 29, 2009, 06:31:21 PM by Senator North Carolina Yankee »

Fail Tariff.

I'm 100% tariffs, because I'm against taxes in general.

But this tariff was obviously the worst, it makes me ashamed to be a Republican (Both senators who made this garbage were GOPhers)

Also, Herbert Hoover was the reason why I used to hate the GOP and the fiscal right with a passion.

The fiscal right as you call it is now the most passionate supporters of Free Trade, while populist leaning conservatives like yourself are the ones that pushed back against the expansion of Free Trade. Most Fiscal conservatives, if they are true to there beleifs, would oppose such protectionism as Gov't interventionism.
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pogo stick
JewishConservative
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« Reply #14 on: July 30, 2009, 01:11:16 PM »

Fail Tariff.

I'm 100% tariffs, because I'm against taxes in general.

But this tariff was obviously the worst, it makes me ashamed to be a Republican (Both senators who made this garbage were GOPhers)

Also, Herbert Hoover was the reason why I used to hate the GOP and the fiscal right with a passion.

The fiscal right as you call it is now the most passionate supporters of Free Trade, while populist leaning conservatives like yourself are the ones that pushed back against the expansion of Free Trade. Most Fiscal conservatives, if they are true to there beleifs, would oppose such protectionism as Gov't interventionism.

I'm not against Free trade. I oppose tariffs as it is a tax, and i'm 100% Anti-tax (Unlike Huckabee..)

I'm just not 100% for it.
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