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Jason Merchey's avatar

I like this thesis. He's like PT Barnum on crack.

Joe Kear's avatar

"It’ll take at least a generation for this nation to heal from the damage Trump, his billionaire buddies, and his GOP toadies have done." This is the takeaway.

It will fall to working class and middle class folks to push for a course correction.

The billionaires and the rest of the ruling rich are fine with this damage to democracy, along with the damage to the functioning of the economy and the ability of the working class and middle income folks to have an improving living standard. The rich have always been incapable of sustaining a functioning capitalist system. It's working folks through their representatives who establish restraints and guidelines, and create a framework that sort of makes the system work.

FDR put in the regulations for the banks, biggest corporations, land grabbing industrialists while at the same time establishing legal rights for workers to unionize. The extremely wealthy, through the GOP and compliant Democrats have been deconstructing this framework ever since. That includes the Carter, Clinton and Obama administrations making concessions on de-regulation, trade and economic protections for working people.

The rich have always been compliant with authoritarianism and loss of democracy...as you can see from history and looking around the world today. The rich have always been so narrowly focused on immediate gains that they run capitalism into the ground with recessions and depressions because they are too greedy to keep it working. They refuse to see that working people and middle class folks need to have large enough incomes to keep up buying power and keep the system functioning. Instead the rich focus on getting a larger and larger share for themselves. And they are willing to give up functioning democracy in their quest for this larger share.

The ruling rich can't be trusted to run either capitalism or democracy.

At anytime the billionaires could tell their Republican representatives to end this Trump nightmare. But it continues.

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