Asking as someone from the other side of the planet.
From the things I saw about the US election, the Dems were the side with plans for the economy - minimum wage adjustments, unions, taxing the rich, etc. The Republicans didn’t seem to have any concrete plans. At least, this is what I saw.
I don’t doubt Bernie Sanders though - he seems like a straight truth teller. But what am I missing?
The Democrats’ plans for the working class are tweaks. A little tax credit here, a little minimum wage bump there.
But the working class in America have been experiencing long term systemic structural changes that permanently disadvantage them, globalization being one of them.
Between shipping manufacturing jobs elsewhere, and allowing in immigrants who do menial work, people at the low end of the economy are pretty pinched for work. People will say “Americans don’t want to pick fruit” and there’s some truth to that. But there definitely are Americans who want to mow lawns for a living and they’re constantly undercut on price by guys from Mexico who sleep 10 to a room so they can send a few dollars back to family in the old country. I love and admire those guys, don’t get me wrong, but there’s no question that people at the low end of the economy feel pinched from both ends, and one side of that pinch is the commodification of unskilled labor due in part to an unbounded supply of immigrants.
Trump voters see his policy on tariffs and they don’t think “hm economists say this could lead to a drop in GDP.” They see a structural policy shift aimed at bringing manufacturing back to the US. However ill-conceived it might be doesn’t matter. It’s big, it’s bold. It is a fundamental reordering. Economists flap their hands and Trump voters say “good - run scared, you Wall Street pimps.”
If I sound like I’m defending Trump voters, I’m not. But I absolutely believe that the Democrats have to offer more than tweaks and handouts to address the working class.
America spends huge amounts of money to project power abroad. We’re the richest nation by far. Why isn’t that benefitting the working class? These are real questions. Trump has all the wrong answers, but Democrats don’t have any answers. And frankly they are a bunch of moneyed elites, and I don’t throw that term around much. Look at the personal net worth and residential addresses of top Democrats and you’ll see rich people. They have a lot to lose in Bernie’s revolution and they don’t believe in it.
The existance of people like Trump and Musk are the answer.
They are part of the problem, but not the answer. An answer would be how we can ensure that everyone supporting their enterprises shares in their wild wealth and success. There could be many answers to that. And Democrats need to pick one and drive it.
It should be said that Musk is manufacturing cars in the US, which is more than a lot of manufactured goods companies can say.
Isn’t the unemployment rate close to record low? I mean, a lot of people work 2 and more full-time jobs to make ends meet, but that seems like a different issue.
US is under going a demographic shift as boomers aging out and gen z is barely enough to replace them as wage slaves. Also, there is cultural shift in attitude to work with younger generations, who see no prosperity from their labour.
This is causing pressure on wages that owners can’t handle emotionally or otherwise. Owners are disgusted at the idea of a labour market actually being a market. Migration pre covid since 2000 was steady at 1 million net inflow per year, it is now closer to 2-3m. These people are used to suppress wages of the indigenous workers.
Manufacturing jobs did get shipped off but are also now getting reshored as part of a strategic reshuffle US did after covid. but a lot of these modern manufacturing is automated so we are not giving back to the glory days of millions of six pack joes living the “middle” class life style.
Global capital is extracting ever more productivity and price gouging us on consumer end of existence. WIN WIN! And the state is letting them…