2016 Presidential election

[TheFifthColumn]

Yeah, the average American's views on trade are probably closer to Trump's than to an economist.

Related:
https://www.bloomberg.com/view/articles/2016-11-03/no-one-cares-what-economists-say-about-trump


The thing about tariffs is that the very poor would probably be hurt the hardest since they tend to buy more low cost foreign goods than the wealthy (Khandelwal, Amit K., & Fajgelbaum, Pablo D., (2014) Measuring The Unequal Gains From Trade). 

I think it's terrible economic policy personally, and I doubt it will be enacted.  Who's Trump gonna put on his economic team?  If he wants protectionist economists, he's gonna have to import them from overseas since there are so few of them here.

[weedpop]

I also doubt that Trump really intends to enact any of the protectionist measures he promised, but his election shows just how deep the public skepticism regarding free trade runs. I hope this serves as a wake up call to politicians everywhere that it is actually necessary to have some plan to redistribute the net gains from trade instead of just focusing on aggregate wealth. The people in Wisconsin, Michigan and Pennsylvania don't give a shit about pareto optimal factor allocation - they just want jobs.

[NickDagger]

http://www.theonion.com/article/dnc-aiming-reconnect-working-class-americans-new-h-54707

Best Of The Young Turks Election Day Meltdown 2016: From smug to utterly devastated.