The Urgency of Marrying Affordability to Anti-Corporate Populism
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The Urgency of Marrying Affordability to Anti-Corporate Populism
"The inspiring victory won in the streets of Minneapolis gives Democrats an opening for a realignment of American politics, but only if we build a bridge to working-class voters conflicted on immigration, based on the populist economic issue driving their anger right now: the abuse of corporate power. We must show people that the same government that is terrorizing people in cities like Minneapolis is also allowing big business to abuse its power to make life tougher for all working families."
"The combination of wages' not rising fast enough plus the inflation of recent years has hit working families very hard. These voters have not liked the excesses of ICE, so we have an opening with them on immigration, but it will never be their main issue. Economic struggles will always be the first order of business for most working-class voters."
An inspiring street victory in Minneapolis creates a political opening for Democrats to realign with working-class voters by connecting immigration concerns to a populist economic fight against corporate power. Stagnant wages and recent inflation have strained working families, making economic security their priority over immigration. Republicans are losing ground on immigration while holding power makes the economy a liability for them. Donald Trump is developing a populist affordability agenda—capping credit-card interest, barring large investors from buying single-family homes, and cutting prescription drug costs—that borrows rhetorically from progressive proposals. Democrats face danger if they rely solely on attacking Trump and repeating affordability without substantive economic reforms.
Read at The Nation
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