When Barack Obama leaves the White House, New York Sen. Chuck Schumer will almost certainly be elected Senate minority leader — and therefore become the highest ranking Democratic official in America.
That’s a terrible roll of the dice for Democrats, because Schumer might as well have been grown in a lab to be exactly the wrong face for opposition to Donald Trump:The consummate insider.
The Intercept
Chuck Schumer: The Worst Possible Democratic Leader at the Worst Possible Time
Jon Schwarz
7 comments:
Chuck Schumer: The Worst Possible Democratic Leader at the Worst Possible Time
Got that right. Trump is going to roll him. Oh what a wonderful four years this is going to be.
They need the munnie...
Bill and Hill took all the Dem munnie and are going to give it all to Chelsea...
Unless Bernie can get a grass roots munnie flow started to him pronto they will go with Schumer/Wall Street...
imo doesnt look like Bernie is up for the job....
Just 'cause Hill is gone doesn't mean Wall Street isn't doubling down. They've already got a sweet deal coming with more deregulation and tax breaks, but too much is never enough.
Looks like they are getting their ex-Goldman guy as Treasury secretary, too.
Some swamp draining.
Unfettered right wing policy is the best medicine.
Both Schumer, Pelosi and a lot of MMTers here will be bought off with infrastructure spending - everyone (likely even Bernie and Elizabeth) wants to cut ribbons! This will allow massive tax cuts and regulatory rollbacks, particularly in the financial sector, to go through relatively unfettered.
GDP, and to some extent jobs, will get a nice bump, but the vast majority of the expanded incomes will go to the top, and then into non-productive T-bills.
Income inequity will get on steroids. Couple that with the continuous acceleration of automation, and those White workers are really going to.. have to work even harder at hating all those non-White workers.
What a country!
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