Private Central Planning<--What we have

It's quite simple. the protectionist policies make imports more expensive, thus making it cheaper to produce things domestically, creating domestic jobs and increasing demand in the process.

Crazy man.

I can't wait for things to go up in price.
 
You don't seem to understand the general dynamics at play.

Protectionist policies, tariffs, limiting trade to some extent, incentivize domestic production and job creation.

you have yet to explain how the general dynamic i'm explaining is in err.

Aren't these policies the same as what created the great depression?
 
And the corporations that have to pay those higher prices for less goods lose their real comparative advantage, giving foreigners an advantage in non-American nations. Due to a loss of profits, these efficient corporations have to lay off workers so that the inefficient ones can prosper. Protectionism is a wealth transfer from the efficient to the inefficient.

And when other nations begin exercising retaliatory tariffs...

A depression happens.

Good post ,,, CERVIXCRUSHER9000.
 
Aren't these policies the same as what created the great depression?

No. A myriad of reasons caused the depression. That's the same simplistic broad brush reasoning that says the "republican policies of the past 8 years are why we are in this depression".
 
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