Doctor meet your patient - Economic & Political Malpractise

The two Democratic candidates continue to promote their economic plan for the US.  And there's not much difference between Obama and Clinton's plan.   They both want to:
    
        1. Renegotiate NAFTA and put restrictions on foreign trade    
        2. Increase the tax rate on the wealthiest Americans

I recently had dinner with a young man who holds a degree in economic history.  He pointed out that the two factors that led to the Great Depression and the economic malaise of the 1970's were:
    
        1. Restrictions (through Tarriffs and Price Control) on foreign trade.
        2. Increase of the tax rate on the wealthiest Americans.

See any similarities?

If a physician had a patient that continued to show an allergic reaction to a particular medication, the physician would be guilty of malpractise for continually prescribing that harmful medication.  

Isn't it a form of political and economic malpractise to continue to prescribe an economic cure that produces such a consistently negative reaction in the US economy? 

 

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