Remember the scene with the economics teacher
In Ferris Bueller’s Day Off, wondering where Ferris was
But also explaining the Smoot-Hawley Tariff Act
To hapless high school students and about Voodoo Economics
And for highschoolers without a clue as to their meaning
It just seems the American public has no clue about this special economic feature
Introduced anew by this administration which thinks itself above our laws
Many of us knowing one factor of the Great Depression was certainly such a tariff act
And that a tariff is really a tax passed on to the consumer, basic macroeconomics
Hence, among his advisors, and nobody is willing to say, they allow him do all of his preening
In front of television cameras like any reality host
But we are not speaking about reality tv here
But the fate of our national economy, our lives, and the prices of our goods
But what does a billionaire care
Nonetheless, all of us are subject to his grandiose boast
That he knows more than the generals and all of us, flaunting his words without fear
At least I can look back in humour to our 80s childhoods
But not about his basic economic reasoning, a sort of tautological logic going nowhere
So, what if his hyper-capitalism of multiple international tariffs leads to hyper-inflation
After all, during the 1930s Germans needed barrels of money to buy a loaf of bread
Is it then not clear, all of this could lead to social instability
After all, tariffs as evident from history harm consumers and thus Americans
As manifest from Smoot-Hawley, our Depression in the 30s worsened
Perhaps this is what he wants, economic stagnation
And maybe unrest leading to marshal law and an unconstitutional general malaise of dread
Rather ironic since having touted himself as economic saviour, has instead become an economic liability
Moreover, proven that this administration is not exactly a bunch of empathetic good Samaritans
Worse still, everyone is seemingly waiting for results from these excessive taxations, all disproportioned
Anyone, Anyone, Anyone?