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Economic Strategies of Populism
This chapter explores the economic strategies proposed by a populist politician aimed at rejuvenating the American economy through tariffs, tax cuts, and a focus on domestic production. It discusses the potential implications of these strategies, including inflationary effects, retaliatory trade responses, and challenges in maintaining competitive pricing amidst global competition. Additionally, the chapter examines the intricate relationship between labor supply and demand, particularly concerning immigration and agricultural challenges in the U.S.
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