Gov. Ron DeSantis continues to nod toward economic populism as a presidential candidate.
In a USA Today editorial, DeSantis criticized a policy of corporate bailouts instituted as part of the resolution of the 2008 financial crisis.
“Revitalizing economic freedom and opportunity today will require building an economy where the concerns of average citizens are elevated above those deemed ‘too big to fail,’” DeSantis wrote in an opinion piece outlining his plan to deal with a “decimated” economy.
The Governor, who recently rolled out his “Declaration of Economic Independence,” also forged in the same piece a new folksy framing of his fight against ESG, or “environmental, social and governance investing standards.”
“I don’t care if someone is trying to sell fossil fuels, firearms or French fries, there will be no ideological litmus test for getting a loan, establishing a bank account or running your business,” the Governor declared.
The op-ed, which seems to be part of the ongoing DeSantis campaign reboot, follows up on some populist themes in the original rollout of the “economic independence” plan.
“Think about this: Today, the bottom half of households have less wealth than they did in 1989. Meanwhile, the top 10% have added 29 trillion in wealth,” DeSantis lamented.
The Governor also decried “boom-and-bust” policies enacted in the wake of the 2008 financial crisis that have been “costly for average Americans,” citing “quantitative easing” to make the rich richer. “Venture socialism” has been the order of the day, DeSantis said, with corporate bailouts and carve-outs.
“The idea of too big to fail has led to ‘too difficult to succeed’ for America’s middle class,” DeSantis said, decrying “socialism” for the elites and extolling natural economic cycles.
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