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re: White Liberal Males: Please explain your affiliation to me?
Posted on 1/14/21 at 6:31 am to Lee B
Posted on 1/14/21 at 6:31 am to Lee B
quote:
You're right about the Dems mostly abandoning the working class... you're just excusing who is responsible for it.
A Bill Clinton speech did sound, economically, like a Trump speech. And Bill Clinton is the one that sold out to the US Chamber of Commerce and turned the Democratic Party into "Republicans, economically, who are SJWs." Younger and/or more progressive Dems - the ones you guys hate the most: Sanders, Sherrod Brown, Warren, AOC - are trying to reverse that... I support them in that, most veteran Dems are hooked on the campaign donations. It is the biggest inner-party fight... and the economic progressives will win, because of time and age. But people will call them Socialists.
Also, Clinton knew if Trump ran on that message he'd annihilate the GOP primary field, and that's why he talked him into finally actually running instead of just talking about it. Of course, he also thought Hillary would beat him in the general, and that didn't happen.
What did Trump actually do besides - like Clinton - give speeches about working people? The tariffs didn't work in America's favor because he didn't understand who pays them (still doesn't, apparently) or why they're usually used, which is to make domestic products cheaper... but we don't have domestic products for most of the stuff he put tariffs on so he just put a bunch of American manufacturers out of business when he made their raw materials unaffordable and caused retaliations in foreign markets that killed export sales for a lot of American companies.
Trump's tax breaks benefitted the Wealthy and Corporations, who aren't increasing their hiring. The stock market keeps soaring because it is mostly a make-believe world in that sector... companies buy back their own stock and make themselves worth millions more, using money from the Fed at low or no interest rates. He strong-armed the Fed into keeping interest rates as low as possible, which is slow suicide for when a recession really kicks in and you can't lower them any further... I've refinanced just what's left of the mortgage on my house so often in the past few years I've lost count because the rates keep diving so much it's worth it... from "wow, that's low" to "you're kidding me!"
Meanwhile, people were losing living wages jobs the entire time in the middle. The bottom was more screwed than ever... and that was before the COVID monkeywrench. He screwed American farmers with his trade war... and I mean just destroyed them, put the multi-generational family farm and dairy right out of business and on the auction block. And he tried to hide that with aide payments, but it wasn't enough to save the family businesses, just extra money for the corporate-run farms or the tax write-offs (like Devon Nunes's non-working, no equipment farm that makes no money).
good post, didn't want it lost on page 3
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