How the Economy Functions Under a Democrat and a Republican President

Ideas on Trade

4. Ideas on Trade

Democrats are more apt to advocate for trade restrictions in an effort to safeguard jobs held within the United States. These restrictions have the potential slow economic growth if they are implemented too quickly or too harshly. Republicans, however, mostly feel as though a free market is a better way to promote prosperity among Americans. The belief among Republicans is based on the idea that the profitability of businesses brought about by a free trade market ultimately helps American workers. Unfortunately, the spillover effect from corporations down to the consumer is not a common outcome.

Advertisement - Scroll To Continue