Saturday, November 24, 2018

Among Democrats elsewhere, progressive economics are ascendant. Here, it's all about a Baked Sale.


The problem for local Democratic cadres as they approach the rapids (municipal elections in 2019) is that 2018 midterm results gave them nothing (ahem) worth dropping anchor.

Consider for a moment the devotion inspired by epic loser Joe "Slavishly Licking Donald Trump's Loafers" Donnelly among the older Democrats; meanwhile, big losses suffered by somewhat left-of-center female candidates Anna Murray and Liz Watson seemed to suggest the task ahead is hopeless.

After Jeff Gahan and four mediocre council "Democrats," the deluge. How will they compete in 2019?

To the left? They don't know how.

To the right? But as Donnelly proved conclusively, if a pretend-Democrat veers too far Falangist, voters will opt for an unalloyed GOP candidate and not the substitute.

Gahan's assets are a cult of personality and lots of money. Will any of it trickle down to the Democratic council candidates?

The obvious answer: Democratic Bake Sale!


My suggestion is to stockpile Rice Krispies Treats and enjoy the show.

Progressive Economics Are Ascendant—Among Democrats, and at the Ballot Box, by Chris Hughes (The Nation)

It’s good politics and good policy, and should be a winning formula in 2020.

With the results of the November midterm elections, we have officially witnessed the end of Rubinomics. Former Treasury secretary Bob Rubin was the ringleader of an incremental, neoliberal economics ascendant in the Democratic Party in the 1990s and through the Obama years. The Rubin school oversaw the deregulation of banking and finance, free-trade agreements with insufficient worker and environmental protections, and the dismantling of core parts of the safety net with Bill Clinton’s “welfare reform” of 1996. These economists, taking a page from Ronald Reagan, argued that markets self-regulate if we just leave them alone.

History has proven them wrong, and this month’s elections signaled the start of a fresh approach. A decade out from the Great Recession, wages are still stagnant, and the cost of living is spiraling out of control. Even though typical economic indicators, like the low unemployment rate, suggest we live in a strong economy, exit polls show that only a third of voters say their own financial situation has improved in the past two years.

A new cohort of candidates this year chose to run on a clear, unapologetic economic progressivism as good politics and good policy. A new analysis found that two-thirds of the incoming Democratic freshman class in Congress campaigned on some form of Medicare for All or the expansion of Social Security. Nearly 80 percent campaigned on tax credits that benefit working families or on rolling back Trump’s tax cuts for the wealthy ...

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