Saturday, October 18, 2008

Smoot-Hawley the Burden on the American Consumer

The following is the cost per person for Tariff duties from 1900-1947:

1901 - $2.99

1911 - $3.28

1923 - $5.00

1931 - $2.94 (Smoot-Hawley)

1946 - $2.68
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