Trump declares Great Depression wouldn't have happened with tariffsSource: Reuters
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00:00It all came to a very abrupt end with the Great Depression,
00:04and it would have never happened if they had stayed with the tariff policy.
00:08They collected so much money, they actually formed a commission to determine
00:12what they were going to do with the money, who they were going to give it to, and how much.
00:16Then in 1913, for reasons unknown to mankind,
00:20they established the income tax so that citizens, rather than foreign countries,
00:24would start paying the money necessary to run our government.
00:28Then in 1929, it all came to a very abrupt end with the Great Depression,
00:34and it would have never happened if they had stayed with the tariff policy.
00:38It would have been a much different story.
00:40They tried to bring back tariffs to save our country, but it was gone.
00:45It was gone. It was too late. Nothing could have been done.
00:49It took years and years to get out of that depression, far longer than even FDR
00:54had that office right over there for a long period of time.
00:57The ramp system that's rather intricate was built because of him.