Drudge Retort: The Other Side of the News
Wednesday, August 27, 2025

Conservative orthodoxy once held that the free market was the key to America's economic success. In this view, Milton Friedman was a laissez-faire prophet. The Soviet Union was the sclerotic alternative. Ronald Reagan captured Republican sentiment when he said, "The nine most terrifying words in the English language are: I'm from the government, and I'm here to help." That's not how President Trump - or his party - feels. The president wields tariffs to boost American companies. Populist Republicans in Congress back government subsidies to juice manufacturing. The United States is taking a 10 percent stake in Intel and a 15 percent cut of sales by Nvidia, both chipmakers. And Trump wants to replace the people who run the independent Federal Reserve with more compliant appointees. Protectionism, industrial policy and government ownership - all once conservative boogeymen - are now official doctrine.

More

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Also Nazo doctrine.

Trump wants to be an Economic Czar himself.

He's trying to use the government to create demand and control output.

It won't work. He's in Way Over his head.

I thought Republicans were Against a Command economy.

If ANY Democratic politician proposed any of these things how would the Republican Party respond?

Trump Kills everything he touches.

The Trump Depression is coming.

#1 | Posted by Effeteposer at 2025-08-27 09:22 AM | Reply

"I thought Republicans were Against a Command economy."

Awww, That's so cute!

#2 | Posted by snoofy at 2025-08-27 09:32 AM | Reply

The following HTML tags are allowed in comments: a href, b, i, p, br, ul, ol, li and blockquote. Others will be stripped out. Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Anyone can join this site and make comments. To post this comment, you must sign it with your Drudge Retort username. If you can't remember your username or password, use the lost password form to request it.
Username:
Password:

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy

Drudge Retort