EXCERPT:
PAUL: "Tariffs have also led to political decimation. When McKinley most famously put tariffs on in 1890, they lost 50% of their seats in the national election. When Smoot and Hawley put on a tariff in the early 1930s, we lost the House and the Senate for 60 years. So they're not only bad economically, they are bad politically."
(Via Mediaite)
