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Donald Trump’s Whig Is Showing

Wednesday, March 22, 2017 21:17
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(Before It's News)

(From Mises)

In channeling Lincoln, Trump underscored the reversion of the Republican Party to its economic roots which embraced protectionism, state-sponsored infrastructure spending, and central banking. While a new party in Lincoln’s day, its economic philosophy derived directly from the Whig Party and its champion, Henry Clay.

Thomas DiLorenzo’s excellent book, The Real Lincoln, chronicles and exposes the Republican-Whig economic platform, known then as the “American System” (the local flavor of mercantilism). While it is unlikely Lincoln addressed the issue of slavery before 1854, he constantly discussed and advocated the American System. As early as 1832, he called for an “internal improvements system and a high protective tariff.” The “improvements” specifically referred to the infrastructure of the day: railroads, shipping, and canals.

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Source: http://www.againstcronycapitalism.org/2017/03/donald-trumps-whig-is-showing/

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