Trump’s Muse on U.S. Trade with China
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Posted By: Hija Chang on October 18, 2016 Economics has been a crutch for some Republicans who want to convince themselves that, of two hated candidates, Donald Trump is the one who shares most of their values. He doesn’t like taxes—boy, does he not like taxes—and he doesn’t like regulation, so we’ll let his hatred of trade slide. But his hatred of trade, unlike his more perfunctory economic pronouncements, is enthusiastic. At the Presidential debate on Sunday night, when asked a vague question about caring for all Americans, he went straight to his comfortable place: “When I look at . . . the potential that our country has, we have such tremendous potential.” What is preventing that potential from being realized? “Trade, where we’re doing so badly. . . . It’s hard to believe. Inconceivable.” Trade has played a central role in Trump’s campaign. It is his most consistently expressed explanation for America’s failings, and reducing imports and increasing exports is one of his primary policy solutions to Make America Great Again. While most Americans, and nearly all economists, believe that trade has, on balance, been good for America (if not for all Americans), Trump has found deep support from people who are feeling economic pain. Continued: http://www.newyorker.com/business/currency... If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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Hija Chang
Management, See Moss Interactive Bellarmine University class of 2021 Member Since January 2011 |
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