Who remembers Voodoo Economics from Bueller's Economics Class! #anyone ? I always loved this scene best and still find the Hawley Smoot Act and Laffer Curve interesting. Ben Stein, speech writer for Nixon& Ford, adlibbed this scene, but they weren't paying attention and history repeats itself with a lesson on Tariff! 🤦🏻‍♀️@WHISTLE COMEDY KE. @hasanguy | travels 🌴 #usgovernment @Ben Lapidus @Lucas Jefcoate @kate @Jackson #trump #tariff @Economics debate @Historyfeels #ferrisbueller #genx #genx
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TARIFFS (PART 1) - HISTORY: John looks into the infamous Hawley-Smoot tariffs from the 30s. And even more importantly, looks into the teacher from Ferris Bueller. | Chas from Planet America
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What was Smoot-Hawley, and does it have anything to do with Trump's tariffs?
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THINK TARIFFS WORK⁉️ Time for a little “Ferris Bueller” economics lesson! 😆🎥🍿 In a scene from the 1986 comedy, Bueller’s econ teacher is talking to an uninterested class about the Smoot-Hawley Tariff Act — a real bill signed by Hoover that increased tariffs on imported goods. Sound familiar⁉️ Just like Trump’s — it absolutely TANKED the economy. “In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the… Anyone? Anyone?" When he gets no reply, h
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