Lalo Alcaraz for June 12, 2019

Oh, so that how it works….said Trump.

Tariff wars are easy to win! Look – the last time everything worked out just peachy!

“At first, the tariff seemed to be a success. According to historian Robert Sobel, “Factory payrolls, construction contracts, and industrial production all increased sharply.” However, larger economic problems loomed in the guise of weak banks. When the Creditanstalt of Austria failed in 1931, the global deficiencies of the Smoot–Hawley Tariff became apparent.15

U.S. imports decreased 66% from $4.4 billion (1929) to $1.5 billion (1933), and exports decreased 61% from $5.4 billion to $2.1 billion. GNP fell from $103.1 billion in 1929 to $75.8 billion in 1931 and bottomed out at $55.6 billion in 1933.22 Imports from Europe decreased from a 1929 high of $1.3 billion to just $390 million during 1932, while U.S. exports to Europe decreased from $2.3 billion in 1929 to $784 million in 1932. Overall, world trade decreased by some 66% between 1929 and 1934.23"

https://en.m.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act

Create the problem = threaten tariffs. Solve the problem = cancel scheduled tariffs. Declare victory = take bows for winning bigly.

Dopey cartoon…the hats come from Ginah and the MAGA dopes don’t mind paying, whatever the price.

Uh, they’re already made in China.

Signor Alcaraz, thank you for your voice and wit and cartoons. Don’t listen to the Dalek. Dr. Who knew it was not right.

Thanks, Lalo, now you’ve destroyed my idea that MAGA hats were made in Russia!

Wait, where’s the Hat Seller’s push cart. And, while we’re at it, let’s see the Hat Seller’s licence to sell, own a cart, push it down the street, and permission from Trump ( for a small fee) to sell “MAGA” logo hats.

Huh!! Joke’s on you, Trump!! MAGA hats are made in China, then sold (no tariff) to Mexico. Put that in your cheese burger!