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FACT that caused CNN personality to FREAK..Trumps approval is higher NOW than 1st term, & ONLY POTUS who can say that !
2 Feb 2025 2:06 pm
So, he wrote it... but it was likely that Grover Cleveland was President during that "recession"... but it CERTAINLY wasn't Mckinley. HOWEVER, like I said before, RECESSIONS HAPPEN... they always have, and ALWAYS will. THEY are ways for an economy to THROW OFF excesses, DOWNSIZE, and become more affordable & efficient... They are painful for a while, BUT, are usually BETTER afterward! SO, the goal would be to NOT get an economy OVER EXTENDED... but Investors NEVER seem to like that option... because there is MONEY to be made in BEAR Markets.. and the skilled investors are GOOD at it !!jerrab » 02 Feb 2025, 1:49 pm » wrote: ↑ he wrote it. read history for a change, not the crap trump puts out.
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https://en.wikipedia.org/wiki/McKinley_Tariff
The Tariff Act of 1890, commonly called the McKinley Tariff, was an act of the United States Congress, framed by then Representative William McKinley, that became law on October 1, 1890.[1] The tariff raised the average duty on imports to almost 50%, an increase designed to protect domestic industries and workers from foreign competition, as promised in the Republican platform.[2] It represented protectionism, a policy supported by Republicans and denounced by Democrats. It was a major topic of fierce debate in the 1890 Congressional elections, which gave a Democratic landslide. Democrats replaced the McKinley Tariff with the Wilson–Gorman Tariff Act in 1894, which lowered tariff rates.[3]
WE are ready for another one TODAY I believe... I don't know exactly when, but it will happen... and it WON'T be Trumps fault... WHY? Because stock market crashes are "MADE"... YEARS before they actually happen... THIS one was probably Bidens fault, when he passed the UN-necessary MULTI trillion $$$ COVID Relief bill... it just takes this long to work it's way thru the snake !!