 How is Donald Trump like a socialist dictator? Let's count the way We will build a great wall We're gonna charge you a 35% tax All right, let's pause the list there I'm not saying that Donald Trump's a socialist but some of his ideas are pretty close Mises Institute economist Ryan McMacon says the road to socialist misery is a slippery slope and some of Trump's ideas Put us on that slope Yes, well and Trump is a politician and his methods are the same as all other politicians The idea is to to control to regiment to redistribute wealth and so that's what he's doing How is cutting imports or taxing them? Socialists by imposing tariffs. He's doing a couple things first of all He's raising more revenue for the state to do things and to redistribute wealth But also by increasing tariffs and any restrictions on trade He's telling people what they can and cannot buy at what price they can and cannot buy It's simply another type of central planning last year in Venezuela the dictator ordered deportation of immigrants from Colombia economic nationalism So we're going to use the power of the state to exclude foreign goods foreign persons Any sort of foreign influence in our country on this idea that the things that are foreign are somehow a threat to domestic markets And the foreigners are doing bad things That's right by taxing them more through tariffs that were somehow taxing these these bad foreigners or in the case of Venezuela kicking them out They kicked out the Colombians with the Colombians were often the business people who sold them the things they needed Well, and of course Venezuela is much poorer than Colombia So it's not like a bunch of people are sneaking into Venezuela from Colombia to take advantage of the Venezuelan system These are in that case very productive people that are trying to go do trade and bring wealth into Venezuela, and they're being kicked out Now this crass comparison I'm making Trump got elected a lot of these socialist dictators are Dictators they did Venezuela still has elections and they have a constitution and according to their law these people are legally The leaders of this country and fundamentally no regime is truly unpopular in the sense that nobody wants it Any regime that exists whether they're elected or not enjoys the approval of at least some of the population now under Venezuela's Socialism the government took over the oil fields and it's one reason They don't have enough oil now because they just suck at managing things They then took over agriculture finance they bankrupt in themselves. We're not doing that the US. No isn't nationalizing Companies in that way at all the US prefers instead to really just partially nationalize Industries regulate it perhaps by a stake in it as was the case under tarp Some would argue that Donald Trump by going to Indiana and doing a special deal with the carrier company This is kind of like Nationalizing it's saying do what I want and you're okay, and he's gonna go what industry by into company by company There's this sort of Damocles hanging over all these companies now So I could see then the administration going around to different companies Declaring victory after they get the country the company to stay in the country but really what it is is Well, we're threatening all these people who do to leave with a huge tax But again that tax isn't just on this company and that tax is gonna be on anyone who wants to purchase from that company or in the If carrier were to go to another country People would have had access to less expensive air conditioning in Venezuela the dictator doesn't like the media pointing out that there are problems Like food shortages America's president elect doesn't like the media either. I'm gonna open up our libel laws So when they write Purposely negative and horrible and false articles. We can sue them and win lots of money Now obviously in America. We still have a free press in Venezuela However opposition TV stations have been shut down a newspaper editor gets sent to jail One newspaper is covered in feces anytime we get this information out here that shows the regime isn't doing a bang-up job They're therefore we then go and attack the newspapers and so on but this is just what that as well I has a constitution and it says it protects freedom of expression Yes, and apparently the Constitution is too weak or apparently a large portion of the population is willing to tolerate these attacks of freedom Of speech freedom of speech is much stronger in the US and that's one of the great things about it It is too far so far that's why I was appalled when I was looking at my Twitter feed on my phone and right up top was A personal message to me from Donald Trump Nobody should be allowed to burn the flag if they do perhaps a year in jail Now that creeped me out Well, and it's it's really kind of a moot point the Supreme Court has certainly already ruled on flag burning It's yeah, it's free speech right It's also private property if I buy the flag. It's my flag. I can do to it what I want Say you even made the flag you spun the yarn and wove the flag out of the thread and you made it in your home And then you burn it. Why would the government have any issue? So why does Donald Trump say that and in fact Hillary Clinton wanted to ban it too? Yeah, that's absolutely right Well, I think it appeals to a certain segment of his supporters this idea that there are these un-American Types out there who are saying things that are unpatriotic and and damaging to the United States But of course it would be far more damaging to the US to start to clamping down on freedom of speech Now after making these nasty comparisons of Donald Trump Want to end by pointing out that there are a bunch of things he seems to be doing that we think are good right one of the best things about his Election campaign was that he often spoke about the crushing burden of regulations on business And I think that's why a lot of people voted for him Is they're concerned about their ability to earn a living and cut the regulations. He make good Supreme Court appointees He's got a school choice advocate at the education department, right? And so people want to be left alone a lot of people do Clearly not all you leave us alone excited about the next four years Well, it's so hard to cut through the rhetoric to figure out what he means very Seriously and what he's joking about and that is the problem. We saw in South America is Trump a true believer He's a pragmatic politician. Hopefully he's a pragmatist Thank you, Ryan McMackin