Prominent Democrats rushing back to the center

[Mick1]

With an eye on a 2028 presidential run, Gretchen Whitmer is one of the prominent Democrats who is tacking back to the center.

Whitmer draws anger from Democrats, advocacy groups

This isn’t particularly noteworthy. It was to be expected. After a resounding defeat, the Dems are in a tizzy. But the national-stage Dems, like my former fellow co-worker Whitmer, realize that they exist in a centrist country and they have to pretend to be like working class people again.

While we’re on the topic of working class people, it’s important to remember that the Dems have six powerful groups who back them almost exclusively: Hollywood, Wall Street, Silicon Valley, Big Media, Big Academia, Big Law. Most will never back the right, but depend on the Left for the benefits that the right once proferred; e.g., lower taxes.

That makes it critical for Trump’s right to maintain their hold on working classes. Here’s one way to do it, maybe the best way, and all Trump has to do is stick to a bipartisan campaign promise, and that is to cap consumer rates at 10%.

There are all kinds of ways to do it. One way is for the government to sell consumer bonds. It’s a great idea for four reasons:

1. Consumers directly and dramatically face lower borrowing costs, enabling them to spend more.
2. It’s bipartisan. Even Bernie Sanders said he’d support it. It will get widespread support at a time when, frankly, they need it.
3. It gives government another revenue avenue. Consumers have over $18 trillion in debt. If they transfer $15 trillion to the Federal government at 10%, that’s $1.5 trillion annually in new revenue.
4. It sticks it to a particularly odious portion of Wall Street, those who prey on consumers.

Makes too much sense, so it will never happen.

Audaces fortuna iuvat

[Genuine Realist]

I think Silicon Valley support is not that certain.

I wouldn't give you two cents for all your fancy rules if, behind them, they didn't have a little bit of plain, ordinary, everyday kindness - yeah, and a little looking out for the other fella, too.

[Beeg_Dawg]

Don’t know much about Frisch, but he is too pragmatic for the Democratic Party.

https://www.telegraph.co.uk/us/politics/2025/02/25/adam-frisch-democrats-need-stop-focusing-voters-skin-colour/?WT.mc_id=e_DM522518&WT.tsrc=email&etype=Edi_USD_New&utmsource=email&utm_medium=Edi_USD_New20250225&utm_campaign=DM522518

 

[Mick1]

I think Silicon Valley support is not that certain.

You’re probably right, based on this Financial Times chart. Incidentally, I saw Ed McCracken (CEO of Silicon Graphics) speak at the Churchill Club in the mid-1990s. He was very visibly aligned with the Democratic party at the time (he was a favorite of Clinton and Gore), but everything that came out of his mouth sounded like Republican party talking points…a fact that the first questioner in the audience pointed out to much laughter.

Incidentally, corporate America in general is trending leftward:

• This reply was modified 1 year, 1 month ago by Mick1.

Audaces fortuna iuvat

[Beeg_Dawg]

Me thinks the chart would be more vertical or right leaning if extended to 2025.

 

[Author]

Posts