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Mon Jan 23, 2017, 08:44 PM

 

Trump and Bannon begin implementation of Economic Nationalism policy

What It Means To Be An Economic Nationalist

If you're wealthy, it means you're saying "fuck you" to anyone who works for a living.

If you're a supporter of the Trump economic plan, it means that when these high tariffs close the world's export markets to the United States, import companies like Wal-Mart, Target, Lowes, Home Depot, Costco, and every other import business that allows you to buy your TV's, phones, tires, clothes, computers, and appliances cheaply will be decimated.

If you're a "dispossessed American worker" who thinks globalism has screwed you, it means your newly minted USA ONLY job will allow you to possibly earn a higher wage, but you won't be able to afford anything you produce because the cost of production will skyrocket beyond whatever you're being paid.

If you're a company that can't sell its products because the export market countries retaliated against the United States for closing their markets, it means you'll have to lay off all of your expensive American workers.

If you're an expensive American worker, it means you'll soon find yourself in a recession ten times worse than the one you just got out of.

If you're an export market country, it means in order to prevent your own workers from revolting, you'll have to start a trade war by flooding some area like Latin America with your goods, which further contracts American companies' already weakened ability to compete, and usually leads to a real shooting war.

If you're an "economic nationalist," of course, you already knew all this.


Hi everyone. I wanted to do this by way of introduction, I felt it was an important perspective that doesn't get enough attention due to its less than spectacular nature (economics being known as "the dismal science."

I am not an economist, I am simply alarmed and worried, as I think most of you are, by what is happening. I have taken strength and inspiration to post my views from many of you who share these concerns, and I appreciate your diverse opinions and insights.

The above is from something I heard on the radio and just rewrote from memory based on my own understanding of what I heard. I welcome any comments or corrections from anyone who understands economic theory better than I do (lol almost everyone). Thank you for the opportunity to participate in this forum.






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Reply Trump and Bannon begin implementation of Economic Nationalism policy (Original post)
disalitervisum Jan 2017 OP
JHan Jan 2017 #1
TrekLuver Jan 2017 #2
Wellstone ruled Jan 2017 #3
Adsos Letter Jan 2017 #4

Response to disalitervisum (Original post)

Mon Jan 23, 2017, 08:46 PM

1. good post. Welcome to DU :)

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Response to disalitervisum (Original post)

Mon Jan 23, 2017, 08:50 PM

2. Very good post and once people start paying more for things...everyone will be in an uproar...

 

and that includes Trashpot followers.

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Response to disalitervisum (Original post)

Mon Jan 23, 2017, 09:01 PM

3. This is the new

 

Trump reality. The New Glided Era.

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Response to disalitervisum (Original post)

Mon Jan 23, 2017, 09:24 PM

4. Welcome to DU.



Good info is valued here.

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