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stacy
@stacycay
We’ve done this mass tariff thing 3 times in American history. 1828, 1930, 2025. All spaced about 100 years apart because everyone who remembers the last one needs to be dead for the next one to happen. The last two caused a depression. I hope this one makes us rich tho.
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Alex
@alex_remote
“All spaced about 100 years apart because everyone who remembers the last one needs to be dead for the next one to happen.” The most well worded post I’ve read today.
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p r n c
@princeofthef4ll
If tariffs automatically destroy an economy, than why has China consistently grown at a faster pace than the Us for 30+ years?
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Castle_Bravo 🇺🇸
@1_2MOA
Trump did tariffs in his first term. Economy was great. $1.90/gal gas and 1.9% inflation. But dont talk about that. Instead a bygone era- Both examples 1828 & 1930 were on the gold standard, before Roosevelt’s gold confiscation & fiat currency. Both are also pre economic super
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Rebekka Adams
@RebekkaAdams198
Smoot Hawley did not cause a depression 1) it’s rates were still lower than just 20 years earlier 2) it wasn’t passed till global trade had already dropped 35% 3) it only increased effective tax rate by 3% on 3% of gdp
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JT
@escapeeJT
I agree…I’m hearing ppl say he did this during his last term and it helped the economy…it increased prices, manufacturing didn’t come back and led to shortages when Covid hit..,
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Tom Shafron
@ShafronTom
The tariffs went back in time and started the depression?!? Wow... knew they were powerful but that's amazing. We should study them, could lead to some important physics breakthroughs!
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Keith Trauner
@kt_valueguy
Tariffs did not cause 29-33 depression. They may have made it worse, but it started long before the tariffs when the land boom in Florida collapsed and then ag commodities caused rural bank failures & stock collapse. US central govt lived off tariffs for 100 years previously.
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Tyler Lukey
@Tyler_Lukey
Let’s break this down and assess its accuracy based on historical evidence and the current context as of April 2, 2025. ### Historical Tariffs in the U.S.: 1828 and 1930 1. **1828 - Tariff of 1828 ("Tariff of Abominations")** - This was a protective tariff passed by
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Alex Florez 💙💛
@KamiSawZe
It’s like Dragonriders of Pern. Every few generations you just have to let disease and poverty knock you back to the Middle Ages so you can be reminded of your place in the universe.
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Dom 7
@nik_eni
Tweeted the same thing an hour ago. Its also the combination of brain-dead tariffs and large-scale deportations/displacement and tariffs. The trail of tears coincided with the tariff of abominations. Mexican repatriation coincided with smoot hawley. And now we have Trump's
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Charles Wang
@cfwang1337
The last one caused WW2 lmao. Not a coincidence that Japan invades Manchuria in 1931 after realizing they can't buy the stuff they need to industrialize...
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stacy
@stacycay
Oh we had an embargo on japan. That’s much more intense than a tariff
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Zach
@Zach_mexico
Well the status quo has been failing in the West! Change is needed and let's hope this has a good long term effect!
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Crypto Gaming Sage
@CryptoGameSage
1930 also prepared the US for world war 2 and might be one of the reasons why thr US was the strongest standing nation after all the chaos that emerged.
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Xavier_Morocco
@_Xavier_Morocco
You left out the Stock Market crash, the Fed raising interest rates, and borrower nations such as Germany, Brazil, and Argentina not taking loans from the US, because their economies went into downturns prior to the US.
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@Open_Markets
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aperri
@aperri
Actually about every 80 to 100 years there is a societal collapse… these tariffs will lead to a crisis and how the nation emerges may lead to a radically different nation and world… or an apocalypse
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Tyler Lukey
@Tyler_Lukey
Did the Last Two Cause Depressions? - As noted, 1828 didn’t cause a national depression, though it strained the South’s economy. The 1930 tariff worsened an existing depression. The claim overstates 1828’s impact and slightly misframes 1930’s role. ### Conclusion The statement
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Jim
@thejimmini
Exsplain how tariffs took the US to superpower status
Answer by Grok
Tariffs played a significant role in the United States' rise to superpower status, particularly during the 19th and early 20th centuries, by fostering industrial growth, protecting domestic industries, and generating government revenue. Here’s how this unfolded: From its founding, the U.S. relied heavily on tariffs—taxes on imported goods—to fund the federal government and shield its fledgling industries from foreign competition, especially from established European powers like Britain. In the early 1800s, after the War of 1812, the U.S. implemented protective tariffs, such as the Tariff of 1816, to nurture its infant manufacturing sector. This was critical because Britain, with its advanced Industrial Revolution, could flood the U.S. market with cheap goods, potentially stifling American industrial development. By making foreign goods more expensive, tariffs gave U.S. manufacturers a competitive edge, encouraging investment in domestic production, particularly in textiles, steel, and machinery. This protectionist approach gained momentum with the "American System," championed by figures like Henry Clay. It combined tariffs with internal improvements (like roads and canals) and a national bank to build a self-sufficient economy. The Tariff of 1828, dubbed the "Tariff of Abominations" by its Southern critics, raised duties significantly, sparking regional tension but also boosting Northern industrialization. Over time, high tariffs—like those under the Morrill Tariff of 1861 and later the McKinley Tariff of 1890—helped industries such as steel, railroads, and coal thrive. For example, steel magnate Andrew Carnegie credited tariffs with allowing the U.S. to outpace Britain in steel production by the late 19th century, a key factor in building the infrastructure (railroads, skyscrapers, ships) that underpinned economic and military power. Tariffs also provided a financial backbone for the government. Before the income tax was established in 1913, tariffs accounted for the vast majority of federal revenue—sometimes over 90% in the early republic. This money funded military expansion, westward growth, and, during the Civil War, the Union’s war effort, which preserved the nation and set the stage for its emergence as a unified power. By the late 19th and early 20th centuries, the U.S. had transformed from an agrarian economy into an industrial giant, rivaling and then surpassing European powers. The tariff-protected growth of industries like steel, oil, and manufacturing created the economic muscle that supported military might—evident in the Spanish-American War (1898) and World War I (1917-1918). After World War II, with Europe and Asia in ruins, the U.S. leveraged its industrial base to become the world’s dominant economic and military superpower, though by then it had begun shifting toward free trade to cement global influence. Critics argue tariffs weren’t the sole factor—abundant natural resources, innovation, and immigration also fueled growth—and they sometimes raised consumer prices or sparked trade disputes. But for much of its history, the U.S. used tariffs strategically to build an industrial foundation that propelled it to superpower status, a stark contrast to today’s more open-trade policies.
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Tired of being politically correct
@USBornNRaised
You don’t even know what the hell you’re talking about and it’s troublesome, stacy
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MAZE
@mazemoore
2018. Chuck Schumer after Trump proposed tariffs on China. Like many Democrats, he speaks a little differently when he's not on MSNBC or CNN.
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Conor D. Oil
@RealConorOil
Lesthlo and Cambodia have been long time enemies of the United States ever since the Vietnam war! 50% and 49% are entirely warranted!
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Artzf
@Artzee_eff
There was the McKinley tariffs in 1890… shortly after there was an economic depression that lasted years
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TL
@tlacroix
The goal isn’t to make you rich, it’s to finance tax breaks for billionaires.
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Trooff
@hermetic4848
@grok
can you tell us more about the 1828 tariff thing? Did a depression follow? Also weren’t there also tariffs in the late 1800s and no depression?
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Mike Hartz
@hartz_mike
On the bright side, it was done by Republicans all 3 times & resulted in Democratic control of both houses for 30 years after each failure.
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.
@wokeordie
it’s not gonna be make us rich the third time if one & two caused the depression 😭
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jon kessler
@jonkessler20
The US tariff umbrella provided added financial incentive for private capital to goose home-grown innovation. The rise of the Chinese auto sector from nonentity to low cost producer mirrors the US shift from agrarian to the #1 industrialized economy - tariffs paved the way.
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