re: Steve Bannon pushes leftist economic plans to Trump admin

I am left of center, and a Trump supporter. I think that is the point; his base is more conservative democrats than traditional Republicans. Most of us are okay with social issues falling on the left side.

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You could call it national big government in order to avoid global super big government

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Exactly. Republicans won this election because the candidate appealed to new voters and got them, and the old voters finally voted pragmatically.

There's no perfect small government choice right now. Ben Shapiros viewpoint is great, and I hope people like him worm their way into institutions and universities and shape the future, but the present is nationalism vs communism.

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Infaltion starts Jan 21st.

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So?

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You are wasting your time. 90% of this board believes America has 10% unemployment rate.

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The u6 is 9.5, so they'd be right if you allow a little rounding.

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Trump himself said he wanted the $1T in infrastructure after the election

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Okay, but he can't pass that himself. It has the appearance of staking out a maximalist bargaining position so that he can declare victory when he gets something much less. (Infrastructure pork spending is something that seems to poll well with both parties.)

I suspect the same will happen with the proposed 35% & 45% tariffs on Mexico & China. The markets certainly don't seem to think this will occur.

He will likely slap a penalty on Mexico for something obscure, similar to the lumber, steel, and beef tariffs from the Bush years. Bush used them to bargain for trade promotion authority to negotiate more free trade deals. Trump could use them to declare that Mexico is "paying us" through higher tariffs to help build heightened border security somewhere... maybe even extending a wall for a few miles somewhere in California.

He's already started walking back his illegal immigrant deportation enforcement to concentrate on those who have been arrested for crimes here.

So all this stuff looks like a hazy negotiating mirage. Nothing can be taken literally at this point.

If he starts appointing worrisome protectionist people to economic policy positions, such as Secy. of Treasury and Chairman of the Council of Economic Advisers, then that's when things start to get more serious, and we can go ahead and start criticizing him more.

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Are you citing China and their growth bubble as an argument that we did the right thing in all the shenanigans that contributed to their growth bubble at both our country's expense and their own?

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well their growth bubble was mainly due to domestic, public funding

what did we do to help that? save our consumers money by making rational economic choices via cost?

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It's like you thought we elected a libertarian or something.

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bad policy is bad policy regardless of the letters by a politician's name

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Okay, but he can't pass that himself. It has the appearance of staking out a maximalist bargaining position so that he can declare victory when he gets something much less. (Infrastructure pork spending is something that seems to poll well with both parties.)

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i only brought that up b/c people were acting like this was a "boogeyman" and it's never been said by Trump

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He will likely slap a penalty on Mexico for something obscure, similar to the lumber, steel, and beef tariffs from the Bush years. Bush used them to bargain for trade promotion authority to negotiate more free trade deals. Trump could use them to declare that Mexico is "paying us" through higher tariffs to help build heightened border security somewhere... maybe even extending a wall for a few miles somewhere in California.

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the best plan for Mexico is to tax the ever living shite out of remittances to Mexico/Cen America

i mean a draconian, over 50% tax rate

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If you are arguing it was rational to allow these practices, I assume you would argue it was irrational to include provisions in our trade agreements to enact penalties in response to protectionist/predatory trade practices?

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i don't think our government should restrict private, free trade with trade agreements, so no...not quite

i think they have the power via treaty power of the Constitution

but in today's globalized economies, i can't imagine fedgov really is beneficial to trade. too slow, locked into draconian agreements that were written in an old economic world, impossible to adapt/change, etc

i believe in free trade. it's the best thing that's ever happened to humanity