Hacker News new | ask | show | jobs
by vulcan01 1539 days ago
Raised tariffs, not taxes. It's an important difference, doubly so with regards to Smoot-Hawley because the whole point was to protect American companies (and therefore jobs) from foreign competition (of course, it did not work...).
1 comments

(It was a Ferris Bueller's Day Off reference. Blame Ben Stein.)
... and I have not yet seen Ferris Bueller, so I didn't get the reference. Consider us even ;)