the-pi-guy said:
Well, Trump's not trying to take them back to the 1950's, he's trying to take them back to the Gilded Age. "“We were at our richest from 1870 to 1913. That’s when we were a tariff country. And then they went to an income tax concept,†Trump said days after taking office. “It’s fine. It’s OK. But it would have been very much better.â€" "Trump says high tariffs and low interest rates, like those the U.S. had after the Civil War, can hastily pay down today’s federal debt and fatten government coffers while boosting domestic manufacturers and enticing foreign producers to move to the U.S." |
And again, the world was a very different place in 1870, one where China was being stripped for parts by European and American great powers and India was being pillaged by the British.







