Donald Trump, or the self -destruction of America, by Serge July – Liberation
In Socialist history (1789-1900)Jean Jaurès recounts an exchange which had taken place at the end of the 19th century, in the National Assembly, between the deputies Jules Méline, president of the Council of the moment, supporter of protectionism, and Léon Say, supporter of free trade and grandson of the economist Jean-Baptiste Say, theorist of the law of outlets, according to which the supply created. To the latter who explains that « Protectionism is the socialism of the rich », Jules Méline retorts that « Free trade is the anarchism of the millionaires ».
Many commentators of Donald Trump’s plans readily cite the biography of republican president William McKinley who, during his mandate (1897-1901), passed customs duties from 38 % to 50 %. The current American president just forgot the remorse of McKinley, who shortly before his assassination proclaimed that protectionism is not the solution. The republican president of the late 1920s, Herbert Hoover (1929-1933), who preceded the democrat Franklin Roosevelt at the White House, will be confronted with the economic Krach of 1929. While misery exploded everywhere, he declared: « Prosperity is at the corner of the street. » It looks like Donald Trump. In reality, a