Given that the Republicans have the presidency, the house with a healthy margin and the senate they have the means to do whatever they want for the next two years at very least. Similar to Obama in 2008, but on top of that they have the ability to quickly appoint whatever judge they want to the Supreme court which will alter the balance for important judicial decisions for years.
So even if this perfect alignment of power sits with them and Trump at the helm for only two years, the amount of change that they have the ability to wield on the American people is huge. Remains to be seen how aggressive they will be. Obamacare and a struggling economy gave Obama just a 2 year window. If the Republicans go a more populist route they could likely prolong the window. Democrats will need to get their house in order quickly.
Having looked at it, the biggest plus for the Republicans re the next senate elections is that only 8 of the 33 seats up for election are Republican incumbents, and theyâre mostly in red states. So the dice looks loaded for them in terms of holding it.
It has been wildly successful for the entirety of the upper class. It has completely fucked only the bottom 30% or so of the economy, who have been variously told that immigrants/poor work ethic/socialism is the source of their problems.
The free trade genie is out of the bottle. You canât reverse history. No one can bring back low value-add manufacturing jobs to the Rust Belt. It just isnât going to happen. The only question with Trump is whether he engages in a massive investment programme which would up to recently have been regarded as âleft wingâ, as many of the populists elsewhere are doing. Or if he doubles down on the xenophobia/hypernationalism. The latter is much, much easier.
We took a road trip through a bit of North Carolina last year and went off the highways to see what it was like. Just town after town of closed down factories and shuttered shops, a really depressing place. Iâm not surprised they voted for something/anything different, and itâs not even in the bottom ten states in terms of wealth. The other places like Mississippi must be absolute cess pits.
Yeah, horrendous poverty and deprivation. The North of England looks well compared to a lot of it. I guess the difference between the North and the South is that the North used to be prosperous. They have lost something in a way that those in the South havenât, unless you still count slavery.
Education is increasingly unaffordable, so in an advanced economy that is increasingly service (and therefore knowledge) based there is little hope of social mobility either. Itâs very hard to participate in that economic system when you canât get the education generally required to do so.
Even scarier is whatâs coming down the tracks. Look at all the states in which âtruck driverâ is the most common job.
There are 3-4 million truck drivers in the country, and close to 10 million employed by the industry as a whole. How long does that occupation have left before it gets innovated out of existence? Two decades maybe?
Thatâs just one example. Technology and globalisation are having this effect all over the place. Whatâs the vision for protecting the working class that will increasingly be surplus labour as this happens? Like with free trade, I donât think there is one.
Maybe sooner if all the illegals are gonna be turfed. Will 'Murican truck drivers want to murder pros from their own country? Doubtful. Main perk of the job gone right there.