welfare statism

Indeed, the solution for the precarious status of many Americans today is, for Trump, a return not to the 1970s and 80s, when white ethnicity was celebrated across the political spectrum, or to the 1990s, when the culture wars were at their peak, but to the mid-twentieth century, and to the industrial economy and welfare statism of that era.

In other words, though on paper Trump was the Republican nominee, in reality he was a kind of independent who ignored conservative dogma to forge a message of welfare statism and racial demagoguery.

After blaming the country’s bad press on a neoliberal bias against the kind of old-fashioned 20th century welfare statism that France represents, Krugman laments that Hollande seems to be among the misinformed, despite his nominal leadership of one of the most powerful socialist political parties in Europe.

Oh and that old one about Welfare Statism being at the root of the problem.

She saw clearly that the cozy post-war British political and economic consensus, across all the main parties, supporting welfare statism, financing ever-growing public services, and with an uncompetitive private sector dependent on government patronage, was crumbling.