04-30-2020, 12:02 PM
(This post was last modified: 04-30-2020, 12:03 PM by Warren Dew.)
(04-30-2020, 11:44 AM)David Horn Wrote:(04-30-2020, 11:28 AM)Warren Dew Wrote: Eric, the key marker of neoliberals is that they favor globalism. That's much more the Democrats than the Republicans at present.
I doubt that. Yes, the most vocal Republicans are acting all protectionist, but the business community (overwhelming Republican) likes the cheap labor and the ability to arbitrage everything. I don't see that being thrown away just because DJT is President. At most, he'll be gone in 4 and half years. The business vultures are here for the duration, unless the Democrats defang them.
Immigration restriction, which like protectionism is anathema to globalists, became a Republican issue before Trump, as early as 2010. Democrats are very much on the side of neoliberal globalists there. I agree there are both Republicans and Democrats who oppose the trade wars, but in the case of the Republicans, it's not at all clear they will last 4.5 years.