It can all be good and good; the peasants hurt because of Trump's nationalist trade policy. But it really complicates Trump's warnings that the Democrats are bent on a socialist takeover of the country.
China would do so, he claimed.
"China will pump money into its system and probably lower interest rates, as always, to compensate for the activities they are and will lose. If the Federal Reserve ever made a match," there would be games over , we win! China wants to have a deal anyway! "
Trump and other Republicans want US voters to fear socialism in 2020 and to be wary of the redistribution of wealth, however, this does not apply to corporate welfare.
When Republicans in Congress passed and Trump underestimated tax cuts for landmark the corporate tax cuts permanent but not the individual ̵
So when Trump and Republicans such as Kentucky Mitch McConnell in the Senate raise alarms about democrats bent on a socialist takeover, they play in a very 1950s Iron Curtain perception of socialism as communism.
The truth is that the United States, with its Medicare and Social Insurance policy, is not as purely capitalist as many would like you to think.
Some candidates in the democratic president's primary – Sens. Bernie Sanders of Vermont and Elizabeth Warren of Massachusetts – run a form of socialism that increases social security net by giving people health care, childcare and college education and asking taxpayers to pay the bill.
They claim that it is not radical but sensible and humane in the form of northern European countries.
Trump, sensing a political opening and trying to exploit a rift among the Democrats, claims that this type of government intervention will lead the United States on the way to Venezuela, which is actually suffering from being an authoritarian, kleptocratic petrostat, not from anything involving socialism.
The problem with Trump is that the US economy and American farmers depend on foreign trade.
This is not an intellectual contradiction Trump should admit at any time soon he accuses Democrats of driving socialism on the campaign track.