Quotation of the Day…

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… is from President Ronald Reagan’s September 13th, 1986, “Radio Address to the Nation on Free and Fair Trade”:

The Smoot-Hawley tariff ignited an international trade war and helped sink our country into the Great Depression.

Dbx: Today – June 17th, 2025 – is the 95th anniversary of Pres. Herbert Hoover signing into ‘law’ the justly infamous, economically calamitous Smoot-Hawley tariff. (It’s also the 250th anniversary of the Battle of Bunker Hill.)