Thursday, May 10, 2018

Trump, Reagan, and Why Republicans Flip-Flopped on Free Trade

Donald Trump's economic advisers have gone from ridiculing tariffs and subsidies to promoting pure protectionism because of the paradigm-shifting, reality-distorting, cringe-inducing, and corrupting influence of power. The Republican Party's U-turn on free trade is the sad story of a team of presidential advisers with two opinions for every man. It's a cautionary tale of how the temptations of political power promote personality over principle.

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