A hypothesis about the Democrats

Have they been culturally outmaneuvered?

I’d like to share a hypothesis about the Democrats. It’s about money. It might not be true — it truly is a hypothesis — but I’d like to air it out and see what you think.

We have a lot of people in America who are suffering greatly. Dick Tofel put it like this:

“For more than forty years, we have become an ever-more winner-take-all society, one in which the gap between the winners and losers has widened, particularly with respect to income, wealth, education and the advantages that accrue to all three. The Republican Party promoted this; the Democratic Party largely tolerated it.”

That electorate needs help, which means they need change, and will vote for someone who seems like they might bring about change.

The Republican base of high net worth donors (the people who, frankly, really make a difference to election campaign finances) is all-in on funding that change. The Republican version of change is aligned with their values: lower taxes, fewer regulations, fuck it, let’s send children to work.

The Democratic base of high net worth donors is not. The Democratic version of change is easily painted as “socialism”, even if it’s not really anything of the sort: stronger welfare, policies like anti-trust reform, a higher minimum wage, progressive taxation, a wealth tax for people with net worths over $100M, perhaps stronger healthcare infrastructure. There are…