President-elect Donald Trump is shaking up the Republican Party’s economic orthodoxy. He wielded the threat of government power to pressure United Technologies, the parent company of Carrier, to partially rescind plans for sending 800 jobs to Mexico (though 1300 jobs will go away, and the initial job-shift plan was to take three years to complete, so this new plan doesn’t necessarily alter the schedule.) He and his vice-president told the New York Times that “America’s been losing” with the “free market.” His aide Steve Bannon recently said “The conservatives are going to go crazy” with Trump’s plans for public works spending. But posturing as working class heroes who abandon free-market ideology and flirt with protectionism to battle globalist forces is not a new look for Republicans.read more