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Michael Trump or Donald Dukakis

Summary:
In researching my article “Donald Trump Vs. Adam Smith,” I came across Michael Dukakis’s speech to Moog Automotive, an auto parts firm near St. Louis. What I found striking is the uncanny resemblance between Dukakis’s and Donald Trump’s views on foreign trade and even on making American great again. Thus the title of this post. Here’s the segment on C-SPAN. Missouri Congressman Dick Gephardt warms them up with his economic nationalism and then Dukakis continues the message. Some highlights: 8:20: Gephardt wants an aggressive trade policy. 12:10: Gephardt wants to “Make America #1 Again.” 13:30: Dukakis wants to “Make America #1 Again.” 19:00: Dukakis says the president is commander in chief of the battle for America’s future. (Lawyer Dukakis must have been dozing

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In researching my article “Donald Trump Vs. Adam Smith,” I came across Michael Dukakis’s speech to Moog Automotive, an auto parts firm near St. Louis. What I found striking is the uncanny resemblance between Dukakis’s and Donald Trump’s views on foreign trade and even on making American great again. Thus the title of this post.

Here’s the segment on C-SPAN. Missouri Congressman Dick Gephardt warms them up with his economic nationalism and then Dukakis continues the message.

Some highlights:

8:20: Gephardt wants an aggressive trade policy.

12:10: Gephardt wants to “Make America #1 Again.”

13:30: Dukakis wants to “Make America #1 Again.”

19:00: Dukakis says the president is commander in chief of the battle for America’s future. (Lawyer Dukakis must have been dozing the day they taught separation of powers in his Con Law class at the Harvard Law School.)

20:10: Dukakis decries the fact that so few consumer electronics are produced in America any more.

20:45: Dukakis decries the shift early in the Reagan administration from a trade surplus to a trade deficit.

21:50: Dukakis decries the fact that foreign owners are buying up America. Here’s where he made his gaffe, not understanding that the people he was talking to worked for a foreign-owned firm.

27:00: Dukakis insists that the U.S. open its borders only to those who open their borders to us.

David Henderson
David Henderson is a British economist. He was the Head of the Economics and Statistics Department at the OECD in 1984–1992. Before that he worked as an academic economist in Britain, first at Oxford (Fellow of Lincoln College) and later at University College London (Professor of Economics, 1975–1983); as a British civil servant (first as an Economic Advisor in HM Treasury, and later as Chief Economist in the Ministry of Aviation); and as a staff member of the World Bank (1969–1975). In 1985 he gave the BBC Reith Lectures, which were published in the book Innocence and Design: The Influence of Economic Ideas on Policy (Blackwell, 1986).

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