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Friday, April 29, 2016

Paul Krugman: Wrath of the Conned

 The fall of the Republican establishment:

Wrath of the Conned, by Paul Krugman, Commentary, NY Times: ... Think about where we were a year ago. At the time, Hillary Clinton and Jeb Bush were widely seen as the front-runners for their parties’ nods. If there was any dissent from the commentariat, it came from those suggesting that Mr. Bush might be supplanted by a fresher, but still establishment, face, like Marco Rubio.
And now here we are. But why did Mrs. Clinton ... go the distance, while the G.O.P. establishment went down to humiliating defeat? ... [B]asically it comes down to fundamental differences between the parties and how they serve their supporters.
Both parties make promises to their bases. But while the Democratic establishment more or less tries to make good on those promises, the Republican establishment has essentially been playing bait-and-switch for decades. And voters finally rebelled against the con.
First, about the Democrats: Their party defines itself as the protector of the poor and the middle class, and especially of nonwhite voters. Does it fall short of fulfilling this mission much of the time? Are its leaders sometimes too close to big-money donors? Of course. Still, if you look at the record of the Obama years, you see real action on behalf of the party’s goals.
Above all, you have the Affordable Care Act, which has given about 20 million Americans health insurance, with the gains biggest for the poor, minorities and low-wage workers. That’s what you call delivering for the base... And this was paid for largely with higher taxes on the rich...
Things are very different among Republicans. Their party has historically won elections by appealing to racial enmity and cultural anxiety, but its actual policy agenda is dedicated to serving the interests of the 1 percent, above all through tax cuts for the rich — which even Republican voters don’t support, while they truly loathe elite ideas like privatizing Social Security and Medicare.
What Donald Trump has been doing is telling the base that it can order à la carte. He has, in effect, been telling aggrieved white men that they can feed their anger without being forced to swallow supply-side economics, too. Yes, his actual policy proposals still involve huge tax cuts for the rich...
Mr. Trump is playing a con game of his own, and they’ll eventually figure that out, too. But it won’t happen right away, and in any case it won’t help the party establishment. Sad!

    Posted by on Friday, April 29, 2016 at 07:15 AM Permalink  Comments (124)


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