The Democrats 'Better Deal' Means More Government Control Over American Businesses
Dems are pushing economic protectionism, giving more power to unelected officials, and public shaming of American businesses.
Despite the carefully crafted roll-out, though, the Democrats' new platform seems more focused on Washington than anything else.
The proposal, "A Better Deal," remains a bit sketchy. It can be interpreted as a dig at Trump's book and self-proclaimed status as a master deal-maker. Or as an attempt to troll Speaker of the House Paul Ryan's equally focus-grouped "A Better Way" agenda. Or as a nod to FDR's New Deal or Teddy's Square Deal.
The July 24 kickoff event in Berryville was mostly devoid of specifics, but a white paper is reportedly being crafted and parts of it are being strategically released to the press. Proposals leaked so far are unanimously aimed at growing the size of government and its role in regulating the decisions made by American businesses.
Fittingly, top Democrats were back in D.C. this week to offer more detail on "A Better Deal." At a Wednesday press conference in front of the Capitol, they outlined plans for an "independent trade prosecutor" to investigate businesses that shift jobs overseas, and an unelected "American Jobs Council" to investigate foreign investments in American businesses.
The American Jobs Council, Schumer said, will "slam the door shut on foreign companies who want to buy-up American businesses and harm our workers." The council appears to be the centerpiece of a seven-point plan that includes penalties for federal contractors who outsource jobs, guarantees that taxpayer-funded subsidies flow only to American-based companies, and creates a public "shame list" for companies that move jobs offshore, according to The Washington Post's Dave Weigel, who reported on some of the details of the Better Deal plan this week.
In other words, more bureaucracy and more regulations aimed at trying to freeze a dynamic economy and halt the flow of capital and goods around the world.
Dems are pushing economic protectionism, giving more power to unelected officials, and public shaming of American businesses.
Despite the carefully crafted roll-out, though, the Democrats' new platform seems more focused on Washington than anything else.
The proposal, "A Better Deal," remains a bit sketchy. It can be interpreted as a dig at Trump's book and self-proclaimed status as a master deal-maker. Or as an attempt to troll Speaker of the House Paul Ryan's equally focus-grouped "A Better Way" agenda. Or as a nod to FDR's New Deal or Teddy's Square Deal.
The July 24 kickoff event in Berryville was mostly devoid of specifics, but a white paper is reportedly being crafted and parts of it are being strategically released to the press. Proposals leaked so far are unanimously aimed at growing the size of government and its role in regulating the decisions made by American businesses.
Fittingly, top Democrats were back in D.C. this week to offer more detail on "A Better Deal." At a Wednesday press conference in front of the Capitol, they outlined plans for an "independent trade prosecutor" to investigate businesses that shift jobs overseas, and an unelected "American Jobs Council" to investigate foreign investments in American businesses.
The American Jobs Council, Schumer said, will "slam the door shut on foreign companies who want to buy-up American businesses and harm our workers." The council appears to be the centerpiece of a seven-point plan that includes penalties for federal contractors who outsource jobs, guarantees that taxpayer-funded subsidies flow only to American-based companies, and creates a public "shame list" for companies that move jobs offshore, according to The Washington Post's Dave Weigel, who reported on some of the details of the Better Deal plan this week.
In other words, more bureaucracy and more regulations aimed at trying to freeze a dynamic economy and halt the flow of capital and goods around the world.