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Originally Posted by scottw
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Actually he's a Democratic Socialist and every bit as much of a Communist as Floridaman is a Nazi.
Floridaman's end results will be the same as Bernie's
Floridaman claimed that tariffs are “the greatest,” and trade wars are “easy to win,” but the economic backlash was easy to foresee. The political success of Bernie brought “democratic socialism” to 30% of the Democratic Party, Floridaman’s economic nationalism will end up at the same destination for all.
Floridaman’s tariffs enable him to directly pick winners and losers in the economy. The interests of steel workers are being placed above the interest of consumers and farmers. This leads to Floridaman using tax dollars to prop up farmers. Of course this spending means that consumers are hit, with their tax dollars paying for Floridaman's new welfare program. Floridaman's welfare goes to large corporate farms, he's losing support from the little guys. Probably things will trickle down to them.
Floridaman's tariffs cause businesses to seek ways around them, like Harley moving some manufacturing to Europe. This pissed off Floridaman. The more Floridaman digs in to protectionism, the more he will interfere with individual companies.
The domestic policy of government interference with business is a necessary corollary of present-day protectionism.
The result is an economy that increasingly replaces the market with state control.
Floridaman's policies are just as great a
long term threat to the American economy as that posed by the Sanderistas.