The Trump Nostalgia Recession

Donald Trump journeyed to the suburbs of Pittsburgh to deliver his most detailed speech yet about trade policies, and the symbolism was obvious. A key element of Trump’s “Make America Great Again” mantra is the notion that the loss of manufacturing jobs such as steelwork is the direct result of bad trade deals. Trump promises this will all end once he’s elected president and begins cracking down on “cheater” countries. To those who point out that what he is planning is not so much a return to the 1940s and 50s but nothing less than a series of trade wars with China, Mexico, and any other country he doesn’t like, Trump has no qualms. He says we are already in a trade war and that we are “losing badly.”

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The Trump Nostalgia Recession

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