4 ms·
Wasn't deregulation and infinitely above average growth a so-called-conservative playbook?
by illuminant 2y ago
Wasn't deregulation and infinitely above average growth a so-called-conservative playbook?
- apothegm 2y agoLong story short, economic liberalism is a school of economic theory that’s distinct from and predates the left-leaning political faction that in the US we call “liberal” to distinguish it from the right-leaning “conservative” faction. (Also, our political parties have heavily realigned their philosophies but not their names in the century or so since the genesis of the economic school.) Neoliberals are a political faction that aligns with the political right (“conservative”) in the US and subscribes to the economic philosophy of liberalism. The Bush II administration was neoliberal.
- marcuskane2 2y agoBoth the Democrats and Republicans are (were?) neoliberal economically throughout most of the past few decades. Bill Clinton signed NAFTA into law in 1993, which was probably one of the most impactful neoliberal policies for average Americans. Trump's America-first, high tariff, nationalistic/isolationist rhetoric is very anti-neoliberal.