August 26, 2015


Donald Trump: A 21st Century Protectionist Herbert Hoover (Stephen Moore & Larry Kudlow, August 26, 2015, Real Clear Politics)

Here's a historical fact that Donald Trump, and many voters attracted to him, may not know: The last American president who was a trade protectionist was Republican Herbert Hoover. Obviously that economic strategy didn't turn out so well -- either for the nation or the GOP.

Does Trump aspire to be a 21st century Hoover with a modernized platform of the 1930 Smoot-Hawley tariff that helped send the U.S. and world economy into a decade-long depression and a collapse of the banking system?

We can't help wondering whether the panic in world financial markets is in part a result of the Trump assault on free trade.

...his nativism and protectionism are just pandering to the Right.  As president he'd implement amnesty and the trade deals. 

Unlike the governors, who have proven records of governing to run on, his positions are for sale.

Posted by at August 26, 2015 2:43 PM

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