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Tuesday, November 07, 2017

Paul Krugman: Trump, Gillespie and the Same Old Party

"And the cynic would be right":

Trump, Gillespie and the Same Old Party, by Paul Krugman, NY Times: Since last year’s presidential election a number of establishment Republicans have very publicly wrung their hands over what has happened to their party. ...
But how different is Trump, really? ...
What, after all, does the modern ... Republican Party stand for? A cynic might say that it has basically served the interests of the economic elite while winning votes from the white working class with racial dog whistles. And the cynic would be right.
And if that’s what modern Republicanism is really about, how much has changed in the era of Trump? Consider two current news stories: the House Republican tax plan and the campaign that Ed Gillespie, a consummate Republican insider, has been running for governor of Virginia.
On the tax plan...
True, the plan contains a few initial tax breaks for middle-income families, but these erode or disappear over time. According to the nonpartisan Joint Committee on Taxation, by the time the law would be fully phased in, there would be huge income gains for millionaires — even bigger if you take repeal of the estate tax into account — with minimal benefits for a great majority of the population. In fact, tens of millions of middle- and lower-income families would end up facing tax increases, which is pretty amazing for a bill that would add $1.5 trillion to the deficit. ...
In short, Trumpist tax policy is as elitist if not more elitist and anti-populist than the policies of previous Republican administrations. Same old, same old.
But what about Trump’s more or less naked white nationalism? Isn’t that a departure? Well, how different is it from Ronald Reagan’s talk about welfare queens driving Cadillacs, or the elder Bush’s Willie Horton ad? And in any case, we don’t have to argue about the past: Just look at how Ed Gillespie has campaigned in Virginia over the past few months. ... As The Washington Post put it, “His campaign’s thrust has not been just a dog whistle to the intolerant, racially resentful parts of the Republican base; it’s been a mating call.”
So has Gillespie faced strong criticism from establishment Republicans for waging such a gutter campaign? No...
Oh, and if you’re in Virginia, reading this, and haven’t yet voted, please do. This is a hugely consequential election, and it will be a shame — indeed, a tragedy — if its outcome is determined by people who couldn’t be bothered to get to the polls.

    Posted by on Tuesday, November 7, 2017 at 09:55 AM in Economics, Politics | Permalink  Comments (12)


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