At a private gathering of wealthy Republicans this June, a banker named Edward Conard made a radical proposal...Grasping Reality with the Invisible Hand
...To save capitalism from Donald Trump, American business leaders would need to abandon old allies and make an “odious” new deal with low-wage workers. “If advocates of the free enterprise want to regain control of the Republican Party … we need to find middle ground with these workers,” Conard. “The question is: How do we build a coalition with displaced workers like we did with the religious right after Roe vs. Wade, and which we used to lower the marginal tax rate from 70% to 28%?”...
Must-Read: Ben Smith: The Plan To Save Capitalism From Donald Trump:
Brad DeLong | Professor of Economics, UCAL Berkeley
Voters are angry at the political establishment and the political establishment doesn't much care for the voters either. In fact, they think voters are pretty damn stupid.
That's the conclusion of a new survey of America's unelected governing elites by political scientists at Johns Hopkins University. While media outlets endlessly poll and probe the American people to understand why they feel so disenchanted with their government, Professor Benjamin Ginsberg and Senior Lecturer Jennifer Bachner instead looked at America's political ruling class for answers. The federal bureaucrats, think tank leaders, and congressional staff members they surveyed, Ginsberg said in an interview with VICE News, "have no idea what Americans think and they don't care. They think Americans are stupid and should do what they are told."
It seems that the disenchantment is mutual.US politics: It's the morons versus the assholes.
Vice News
Washington’s governing elites think we’re all morons, a new study says
Alex Thompson
Add this to her deplorable comment and go figure who would benefit from a Clinton administration, and who would not. The Democratic establishment is alienating the old Democratic constituency.
Hacked audio of a conversation between Hillary Clinton and donors during a February fundraising event shows the Democrat nominee describing Bernie Sanders supporters as "children of the Great Recession" who are "living in their parents’ basement."
Speaking at a Virginia fundraiser hosted by former U.S. ambassador Beatrice Welters, Clinton says in a clip released by the Free Beacon that many of her former primary opponent's supporters sought things like “free college, free health care,” saying that she preferred to occupy the space "from the center-left to the center-right" on the political spectrum.
During the conversation, also reported in the Intercept, Clinton confesses to feeling "bewildered" by those to her far-left and far-right in the election.
"There is a strain of, on the one hand, the kind of populist, nationalist, xenophobic, discriminatory kind of approach that we hear too much of from the Republican candidates," she said. "And on the other side, there’s just a deep desire to believe that we can have free college, free healthcare, that what we’ve done hasn’t gone far enough, and that we just need to, you know, go as far as, you know, Scandinavia, whatever that means, and half the people don’t know what that means, but it’s something that they deeply feel."
1 comment:
His plan [i.e. banker Edward Conard's] requires replacing the religious right in the Republican coalition with the new populists, and mollifying them with new restrictions on trade and immigration — all in exchange for the holy grail of lower marginal tax rates.
Holy crap. MegaMaynard got his first victory: Conard joined the US branch of Alt-Left! LMFAO.
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But, seriously now, why stop at microbiologists and software engineers, as Conard says?
They should open the migration process for lawyers, surgeons, and journalists. Main countries of origin? China, India, and Brazil (unfortunately, not Pakistan, Bangladesh or Indonesia, though: Muslim countries and, as Alt-Leftists know, all of them are baaad). Put Eastern/Southern Europe, sub-Saharan Africa and the rest of Latin America, and South/South Eastern Asia, for good measure. I imagine a yearly intake of 50,000-100,000 graduates could easily be recruited: there may be law schools in China with twice/three times as many students.
But particularly, they should welcome economists and finance people.
Now, that's an idea. :-)
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