In a 60 Minutes interview, Steve Bannon made it painfully clear that he favors what he calls “economic nationalism”. What IS that though? Quite simply, it’s a new name for failed big-government policies that have been implemented throughout history, and have been debunked ever since Adam Smith wrote The Wealth of Nations in 1776.
Call it what you will – mercantilism, protectionism, tariffs, trade barriers – it doesn’t work, and it goes against what government is here to do. Government is here to protect our liberty, including our economic liberty. People should be allowed to purchase whatever product they want, even a Chinese one, without government stepping in to protect certain domestic industries and businesses.
Also, Bill Maher made a remark that Floridians and Texans shouldn’t be receiving federal aid to help in the hurricane recovery efforts. It’s disgusting twisted comments like this that handed Donald Trump the election.
Further reading on economics –