Michael Bloomberg. Self-made billionaire. Three-term New York mayor. Failed presidential candidate. How did it go so wrong for him?
Policy proposals by Republicans and Democrats set off intense political firestorms — setting ‘us against them’ — but they leave the real distribution of power and wealth untouched.
Tax revenues, deficits, negative interest rates — it all goes to the same place: wherever the Deep State deciders want it to go.
Today, the mob thinks it has been done dirty by the elite. But it is unaware of how the dirty was done, and so, its efforts — on both sides of the political divide — are ineffectual, irrelevant, or deleterious.
As we heard into the midterms, we’re hearing a lot about Russian hackers and Chinese spies. But we actually face a much greater problem: American apathy.
The Republican Party used to be known as the party of balanced budgets, free trade and limited government. Sadly, that’s no longer true.