President’s threat of doomsday is empty chatter - The Iola Register

President’s threat of doomsday is empty chatter - The Iola Register

Trump says judges must bless his ‘emergency’ or a depression will ensue. Wow. Ending a tax increase means we can expect an economic catastrophe. Who knew? And here you thought the lesson of the Smoot-Hawley tariff era was that a trade war can be destructive. Think again, folks, because President Trump’s lawyers say the courts must uphold the legality of his tariffs or there could be “a 1929-style result.” That’s the out-of-this-world argument th…