As a presidential candidate, Hillary Clinton’s economic plan consisted of dozens of rational policy ideas lacking a unifying message or any hint of passion. Donald Trump’s plan rested on incoherent ideas that didn’t bother supporters fired up by his fervent rhetoric and simple, revivalist message—“make America great again.” We know which prevailed.
After humiliating losses in 2016, Democrats realize they have an existential problem, and now think they’ve found a solution—a program they’ve labeled “a better deal for American workers.” To some extent, it’s a move from the Republican playbook, which launched Newt Gingrich’s “Contract with America” in 1994, followed 22 years later by Trump’s “Contract with the American Voter.” The Dems’ “better deal” is also a semi-clever play on Trump’s famous book, “The Art of the Deal” (ha), and a paean to the most revered deal ever among liberals, Franklin Roosevelt’s New Deal during the Great Depression.
But the Democrats need a better idea than the “better deal.” The introductory version, outlined by Senate Minority Leader Chuck Schumer in the New York Times, reads like a mashup of Bernie Sanders’ campaign platform and President Barack Obama’s go-nowhere budget proposals. The platform includes a $15 minimum wage (politically impossible and economically inadvisable), a $1 trillion infrastructure plan (isn’t that Trump’s idea?), new trade laws more beneficial to American workers (ditto), and tax credits for job retraining (rewarmed Obama). The idea seems to be that if you scoop up a bunch of leftover ideas and brand them as something new, voters will buy it.
They won’t. The reason Trump won is that voters no longer believe Washington policymaking can solve the real-world problems affecting them. They’re right, and it’s not that one party is any worse or better at this. They’re both awful. Democrats helped some people by passing the Affordable Care Act in 2010, but they hurt others who didn’t qualify for subsidies under the new law and had to deal with skyrocketing premiums and deductibles. Instead of fixing that problem, Republicans who control Congress now want to make it even worse by passing a plan that would boot more than 20 million people off insurance. Ds and Rs no longer collaborate to come up with practical solutions to real problems. They battle each other on the ideological margins to score points that will keep them in good stead with extremists on each end whose support is essential to winning primary elections. Both parties suffer the tyranny of “the base.”
https://finance.yahoo.com/news/democrats-roll-another-feeble-economic-plan-191529539.html
After humiliating losses in 2016, Democrats realize they have an existential problem, and now think they’ve found a solution—a program they’ve labeled “a better deal for American workers.” To some extent, it’s a move from the Republican playbook, which launched Newt Gingrich’s “Contract with America” in 1994, followed 22 years later by Trump’s “Contract with the American Voter.” The Dems’ “better deal” is also a semi-clever play on Trump’s famous book, “The Art of the Deal” (ha), and a paean to the most revered deal ever among liberals, Franklin Roosevelt’s New Deal during the Great Depression.
But the Democrats need a better idea than the “better deal.” The introductory version, outlined by Senate Minority Leader Chuck Schumer in the New York Times, reads like a mashup of Bernie Sanders’ campaign platform and President Barack Obama’s go-nowhere budget proposals. The platform includes a $15 minimum wage (politically impossible and economically inadvisable), a $1 trillion infrastructure plan (isn’t that Trump’s idea?), new trade laws more beneficial to American workers (ditto), and tax credits for job retraining (rewarmed Obama). The idea seems to be that if you scoop up a bunch of leftover ideas and brand them as something new, voters will buy it.
They won’t. The reason Trump won is that voters no longer believe Washington policymaking can solve the real-world problems affecting them. They’re right, and it’s not that one party is any worse or better at this. They’re both awful. Democrats helped some people by passing the Affordable Care Act in 2010, but they hurt others who didn’t qualify for subsidies under the new law and had to deal with skyrocketing premiums and deductibles. Instead of fixing that problem, Republicans who control Congress now want to make it even worse by passing a plan that would boot more than 20 million people off insurance. Ds and Rs no longer collaborate to come up with practical solutions to real problems. They battle each other on the ideological margins to score points that will keep them in good stead with extremists on each end whose support is essential to winning primary elections. Both parties suffer the tyranny of “the base.”
https://finance.yahoo.com/news/democrats-roll-another-feeble-economic-plan-191529539.html
