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re: I’m ready to be back in a Trump economy!
Posted on 3/27/24 at 9:51 am to Tmcgin
Posted on 3/27/24 at 9:51 am to Tmcgin
quote:
I don't want a centrally planned economy from a guy who as Hannity puts it "A uniquely poor business record"
30 years ago "centrally planned economy" was considered communist goods. Now these guys are begging for it.
1
Posted on 3/27/24 at 4:10 pm to RogerTheShrubber
quote:
30 years ago "centrally planned economy" was considered communist goods. Now these guys are begging for it.
They want to go back to the Roosevelt era but only for "real" Americans (am I wrong)? Orban's Hungary would be their ideal, I think, only without the EU part.
The protectionist approach didn't work then and it won't work now. Neither will a pre-Nixon/ Bretton-Woods-style planned economy work in a world where we don't produce anything and labor has less and less value thanks to AI and automation.
Unfortunately, I think we will be experimenting with digital balkanization, which could rightly be seen as a form of protectionism, vis-a-vis China. Globalization is over. The new world will be more segmented, and both Biden and Trump seem to agree on policies that point us in that direction.
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