A Mistake Repeated
Would you believe that both former President Trump and President Biden agree on something? It is the old bromide of “Buy American”.
Trump’s economic policy was a belief in mercantilism that had not been in vogue since the 17th century. His tariff man schtick ended up increasing our balance of trade deficit with China and paying subsidies to American farmers to make up for lost business.
Biden’s local preference edict is more ingrained in 1930s smokestack policy and the old AFL-CIO affiliation between the Democrats and the supposed working man. Mr. Biden may have won the…