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NEO-LIBERAL TRAP (1) answer(s).
 
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ID:   151541


Future of democracy / Lachmann, Richard   Journal Article
Lachmann, Richard Journal Article
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Summary/Abstract Donald Trump won the presidential elections in the United States and became the new President. The Republicans control both the House and Senate again, even though the Democrats received more popular votes. The U.S. Constitution and biased district lines for the House gave the Republicans an advantage. Congressional Republicans are committed to quickly passing extreme neoliberal policies: eliminating Obamacare, privatizing Medicare (the health program for the elderly), public lands, and the student loan program. They also want to eliminate the Dodd Frank bill that regulated banks after 2008 as well as much environmental and workplace and consumer safety regulation. All these plans are the opposite of what Trump suggested he would do to protect (white) Americans who have been harmed by elites. We can look forward to a deeper nationalist/racist reaction, as American voters do not get the economic relief that Trump promised. We will see if the next step is a turn by those voters to the left (perhaps to a younger version of Bernie Sanders) or an eruption of violence against minorities, immigrants and intellectuals whom Trump no doubt will blame for his failings and betrayals.
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