Re: Trumpism — Is There an Epiphany in Our Future?
I know a lot of folks are wondering how far the Republicans are going to move to the right before a significant number of Trump supporters have simply seen enough and call for a return of some sort of sanity. When he was re-elected and it became clear that he and his administration were far more mentally unhinged than his first term in office, I thought that a mass epiphany might be right around the corner.
To be clear, the ideological aspects of things like Project 2025 are strongly appealing to the uneducated, white nationalist MAGA bunch: bans on abortion, mass deportations, removal of DEI, the gutting of education, food programs and public health, etc.
While this may bring great joy to hateful and ignorant people, the economic effects are not going to be as pleasing. Tourism in California is down 9% from where it was a year ago. That’s a lot of disgruntled owners of restaurants, hotels, gas stations, and retail shops, not to mention displaced workers. The average 401(k) portfolio is down, and economists are predicting a higher risk of recession, with some surveys indicating a 36% chance in the next 12 months. These predictions are influenced by factors like rising inflation, a weakening job market, and concerns about trade wars.
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