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But isn't protectionism a lot like inflation, in that it can stimulate labor demand while making things more expensive? (And is often called a hidden redistribu
by lsc 10y ago
But isn't protectionism a lot like inflation, in that it can stimulate labor demand while making things more expensive? (And is often called a hidden redistributive tax)
My impression is that this party is as much against inflation as it is against handouts, while inflation occupies the same niche as trade protectionism in that it can stimulate job growth without seeming like a handout.
- clock_tower 10y agoThis is the first I've ever heard of protectionism as a form of inflation; I doubt that the average Trump voter would believe what you're saying here. I mean, I don't believe it, and I voted for McMullin.
- hga 10y agoWell, technically it's a tax, but it doesn't matter to the consumer if it's a tax, especially one this upstream, that makes a commodity more expensive.