Political Economy Contradictions as We Lurch Into 2025
The Republicans (GOP), traditionally the U.S.’s anti-tax party, now promise to use tariffs to wage trade wars, to massively deport immigrants, and to stop drug traffic. But tariffs are simply the name of one kind of tax (on imported goods and services). So the GOP becomes both anti-tax and pro-tax. Likewise, the traditional party of minimal government, today’s GOP now favors massive subsidies to industries that big government will select as well as economic sanctions and bans on enterprises and... Читать дальше...