February 13, 2019

THE rIGHT IS THE lEFT:

Trump's Take on Trade Sounds a Lot Like Ocasio-Cortez's Brand of Socialism (Shawn Donnan, February 13, 2019, Bloomberg)

On the face of it, self-declared socialist Alexandria Ocasio-Cortez and Donald Trump have little in common when it comes to economic policy. He's been cutting taxes. She wants the rich to pay more. He wants more coal-fired power plants. She has plans for a Green New Deal.
 
And then there's trade.
 
Trump has lately taken to declaring himself the bulwark of American free enterprise against a socialist onslaught personified by the headline-grabbing phenomenon that is Ocasio-Cortez. But many analysts see an uncomfortable truth for the president.

On trade, Trump behaves more like a state-interventionist than a laissez-faire guy. And he has more in common with the New York congresswoman, who like many progressive Democrats argues for stronger trade rules to protect American jobs, than with the standard-bearers of his own Republican party.

Posted by at February 13, 2019 4:00 AM

  

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