Road Runner Populism
With unemployment down and economic growth up, one of the populists’ strongest arguments is simply to point out that all the warnings by the globalist elite, Davos cosmopolitans, neoliberals, and one-percenters about the dangers of populist economics were baloney. But basic logic dictates that unsustainable economic policies will lose their forward momentum sooner or later.
https://prosyn.org/i1me9XL
PRINCETON – Populist economics has rarely had it so good. The US economy is roaring, the stock market is soaring, and the Trump administration’s protectionism has apparently had a negligible impact on growth. Trump’s dictum that “trade wars are good” even seems to be catching on politically, confounding some of his critics. They still insist that tariffs are undesirable in general, but they now concede that such measures could be appropriate and useful to stymie China’s rise.