Macro Musings with David Beckworth cover image

David Bahnsen on the Incoming Trump Administration and the Financialization of the US Economy

Macro Musings with David Beckworth

CHAPTER

Evolving Ideologies in the Republican Party

This chapter examines the shifting economic ideologies within the Republican Party, contrasting Reagan-era optimism with a contemporary zero-sum mentality. Personal anecdotes highlight the cultural frustrations driving economic nationalism and the complex interplay of economic trends, globalization, and identity in America. It also discusses the challenges and potential for future economic growth amid ongoing populist sentiments and evolving financial policies.

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