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National socialism

Summary:
Yahoo.com describes the GOP’s search for a new identity: Hawley’s rhetoric echoes progressives who say the government has a larger role in providing equal economic opportunity. He has been a vocal supporter of direct cash payments to Americans, even teaming up with democratic socialist Sen. Bernie Sanders, I-Vt., recently on the issue.But despite his interest in fiscal liberalism, Hawley breaks sharply from Democrats by embracing Trump’s cultural conservatism, skepticism of immigration and even his promoting of conspiracy theories about the 2020 election result — a potential new model for the party.“Republicans need to have a broader conversation about what we’re going to do to support working people, working families in the middle of the country, where I’m from, but all

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Yahoo.com describes the GOP’s search for a new identity:

Hawley’s rhetoric echoes progressives who say the government has a larger role in providing equal economic opportunity. He has been a vocal supporter of direct cash payments to Americans, even teaming up with democratic socialist Sen. Bernie Sanders, I-Vt., recently on the issue.

But despite his interest in fiscal liberalism, Hawley breaks sharply from Democrats by embracing Trump’s cultural conservatism, skepticism of immigration and even his promoting of conspiracy theories about the 2020 election result — a potential new model for the party.

“Republicans need to have a broader conversation about what we’re going to do to support working people, working families in the middle of the country, where I’m from, but all across the country,” Hawley said. “So I hope that that’s the direction that we’re headed.”

Nationalism plus socialism—what could go wrong?


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Scott Sumner
Scott B. Sumner is Research Fellow at the Independent Institute, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better "induce the correct level of business investment".

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