Just as "socialism" is the catch-all term to block any commonsense idea to rebalance the economy by the left, now "natonalism" is the catch-all term to block every commonsense idea from the right. If someone suggests a living wage or accessible and affordable healthcare, they are instantly derided as "socialist", which is Fox News shorthand for those of us reading Trotsky all day long. Alternatively, the term "nationalism" which should mean rebalancing the economy towards domestic enterprise versus multinational arbitrage, instantly conjures up a thousand years of warfare in Europe, and Neo-Nazi skinheads at home. Putting babies in cages did nothing for the cause. It was a gratuitous political stunt.
If Trump had said he wants to rebalance trade over the next decade on an incremental basis. If he had set plausible goals, communicated them, gained consensus, and managed towards the plan, then he may have been successful. Now we'll never know, because he chose to conduct a trade war like a Reality TV circus. Calling sovereign nations to the mat for successive rounds of gratuitous humiliation and using Twitter brinkmanship to boost his popularity ratings. Trading partners were left with no choice politically but to galvanize against him.
It's at that point when the ideas that were dismissed out of hand as "socialism" a year ago seem like a grand bargain compared to what is on the table now.
"In saying that there are no more banks so big and powerful that they are sure to receive government bailouts if they falter, Powell went further than his predecessors have. It was also an answer that many senators didn't want to hear."