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Reply to "A thread of optimism: why do you think Trump will win in 2020?"
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[quote=Anonymous]Here's something hilarious - a libertarian think tank is pissed at Trump for being a socialist https://mises.org/power-market/trumps-road-socialism [quote]Trump's Road to Socialism The administration's plan is expected to use two commodity support programs in the farm bill, as well as the Agriculture Department’s broad authority to stabilize the agricultural economy during times of turmoil by buying up excess supply. The plan is also expected to focus on providing aid to the dairy sector in particular, one of the sources said. The plan has been in the works for months. It seeks to ensure that U.S. farmers and ranchers — a key constituency for President Donald Trump and Republicans — don’t bear the brunt of an escalating trade fight with China, the European Union and other major economies as the administration pursues an aggressive course to rebalance America's trade relationships. Trump's moves to slap tariffs on imports from some of America‘s largest foreign buyers have prompted retaliation against U.S. farm goods like pork, beef, soybeans, sorghum and a range of fruits. The administration's trade aid plan is also a bid to shore up support among a slice of the rural electorate ahead of the midterm elections. In spite of the President’s claim that tariffs are “the greatest,” and trade wars are “easy to win,” the economic backlash was easy to foresee. In fact, as the political success Bernie Sanders and Alexandria Ocasio-Cortez have brought “democratic socialism” into the mainstream of the Democratic Party, Trump’s economic nationalism threatens to pave a road to the same destination. After all, Trump’s tariffs are not only a new tax for Americans, but a policy of directly picking winners and losers in the economy. The interests of steel workers, for example, are being placed above the interest of consumers and farmers. This leads to the government using tax dollars to prop up farmers. Of course this spending means that tax-paying consumers are hit yet again, with their tax dollars being used for this new welfare program. Government interventionism doesn’t simply stop there. The natural result of these new government barriers is for businesses to seek ways around them, such as Harley’s decision to move some manufacturing to Europe. This, of course, sparked backlash from President Trump, threatening further retaliation for such a move. As we've seen time and time again, the more Trump digs in to his support for protectionism, the more he will seek to interfere with the actions of individual companies.[/quote][/quote]
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