The Weekly Show with Jon Stewart MAGA Mirage: Trump & Vance’s Contradictory Conservatism
29 snips
Oct 17, 2024 
Oren Cass, Chief Economist at American Compass, advocates for a populist approach to Republican policies, focusing on labor rights and economic equity. Zachary Carter, author of "The Price of Peace," dives into Keynesian insights, challenging traditional conservative ideologies. They discuss the contradictions in the GOP's pro-worker rhetoric, the impacts of tariffs, and the evolving dynamics of immigration policy. The conversation highlights the need for a modern economic framework that prioritizes workers amidst the complexities of contemporary politics.
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Shifting Republican Economic Rhetoric
- The Republican Party's economic rhetoric has shifted.
- This is partly due to the Reagan playbook becoming outdated and unresponsive to current economic problems.
The Purpose of Tariffs
- Tariffs aim to encourage domestic production, addressing the trade deficit and deindustrialization.
- Economists often view trade deficits positively, but a healthy economy requires good jobs and domestic production.
Tariffs and Working People
- A tariff can be seen as a regressive tax on consumers.
- However, the goal is to create better jobs and higher wages, potentially improving overall economic outcomes.
