Rand Paul Fears Trump Tariffs Could Mean 1930s-Style Republican Wipeout: ‘We Lost the House and Senate for 60 Years’
‘So they’re not only bad economically, they’re bad politically’
Apr 3, 2025 8:30 AM
By Grabien Staff
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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."