Donald Trump harked back to America’s tariff-backed ‘golden age’ and was fact checked til he farted
8.
Income tax is paid mostly by the rich.
Tariffs are paid mostly by the middle class.
That is why we moved to the income tax in 1913. And also why Trump is shifting back to tariffs. https://t.co/w3kUwztu4Y
— Seth Magaziner (@SethMagaziner) April 2, 2025
9.
This is the dumbest man alive.
— Sarah Ironside (@SarahIronside6) April 2, 2025
10.
Oh. My. God. Tariffs exacerbated the great depression, most notably through the Smoot-Hawley Tariff Act of 1930. The tariffs didn’t just fail, they turned a severe downturn into an economic catastrophe.
— Win the Era (@WinEraPolitics) April 2, 2025
11.
1. No we weren’t
2. The US had one of the worst recessions in the 1890s
3. Tariffs didn’t just start that recession they helped kick off the Great Depression
This. Is. Stupidly. Wrong. https://t.co/qeFl0jKALS— JayMallow (@JayMallow3) April 2, 2025
12.
Facts don’t matter any longer in our reality.
He can, and does, just make stuff up without any awareness of what the ramifications will be.
This is about to send global markets into turmoil and he’s making shit up on a stage.
— Don McGowan (@donmcgowan) April 2, 2025
13.
No public figure in human history has lacked perspective more than this humongous fraud.
— Arbiter of Cool✌ (@ArbiterofCool) April 2, 2025
14.
Please send him back to the 18th century.
— Margarita- M²-C (MC) (@ItsMe3MC) April 2, 2025
And if Trump still didn’t get it (thanks for reading, Mr President) there was this fabulous thread.
In 1890, the Tariff Act came into place in the United States. It placed tariffs on imports of up to 50%.
While touted as a way to build American industry, there was also the hope it would force an annexation of Canada. It backfired.
Let’s learn more.1/10 pic.twitter.com/jSd55jPUa8
— Craig Baird – Canadian History Ehx (@CraigBaird) March 4, 2025
READ MORE
AND EVEN MORE!
Source @Acyn