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

BING NEWS:
  • Donald Trump meets with Japan’s former prime minister Taro Aso in New York
    Japan has been trying to connect with people close to Trump ahead of the November 5 US presidential election, reflecting concerns that if he wins, Trump could resurrect protectionist trade ...
    04/23/2024 - 3:11 pm | View Link
  • 'Trump lost': Ex-Bush speechwriter shows how GOP 'has rebelled against him' in latest vote
    David joined Raw Story in 2023 after nearly a decade of writing about the legal industry for Bloomberg Law. He is also a co-founder and a commissioning editor at Hypatia Press, a publisher that ...
    04/20/2024 - 12:44 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News