The Biden boom is already wild
It was amazing how quickly it happened. For almost five years — from Donald Trump’s rise in the 2016 Republican primaries to the Jan. 6 insurrection following his defeat — the lurid spectacle of our national politics sucked up most of the country’s cultural energy. Almost every conversation I had during that time began with mutual expressions of outrage and incredulity about whatever was happening in the hourly news cycle.
And then it was over. Trump’s cultural power evanesced as quickly as his political power did.
Now everyone except those running in Republican primaries can ignore him. National politics didn’t exactly become boring — Joe Biden’s administration is proving transformative — but it no longer demanded most people’s minute-by-minute attention. That left room for a new national obsession, especially once the vaccine rollout picked up and the end of America’s pandemic nightmare appeared in sight.
Increasingly, as the economy gets hotter, I wonder if that obsession might be markets.
This seems like an odd thing to say, given the near-universal backlash against neoliberalism, an economic and political tendency that put markets at the center of everything. But consider some of the strange new innovations in capitalism we have seen recently.
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