General Discussion
In reply to the discussion: Could Trump's current level of support reflect the lack of real pushback from Democrats? [View all]modrepub
(3,493 posts)if nothing changes next year. Most state tax collections are way off from where they should be. They've been treading water for almost a year. If the vaccine roll out goes as slowly as planned then there will probably be more economic pain mainly focused on the lower stratus of the economic ladder; the stock market and banks will probably not be too affected.
The party in control usually takes a hit when the perceived economy goes south. Republicans won't lift a finger to help since they expect to win the House next cycle and take a chance with the Senate. They are more vulnerable next cycle no matter what happens in GA. Shrewd calculation but Republicans seem adept at holding onto power and using it to their advantage.
Biden and the Democrats would be wise to focus all their energy in rolling out the vaccine and giving whatever financial support they can get through Congress or make up on their own. The quicker the economy can get back to normal (and tax flows can return to normal) the better their prospects in 2022.
Democrats need to make some real structural changes to counter the pain they are going to experience when the Republicans return to power. Sorry, the American people love splitting who's in control and things are always in flux. It would behove them to make more programs that dole out federal tax money state matching. State's have to "buy in" with their own money for the programs they want. They should help alleviate the red state take at the federal level. Identifying "socialist programs" like farm subsidies and PPP abuse would also be helpful.
It would also be nice if most of us stop fighting against the stock market boogie man and encourage folks to make investments in the companies they work for. Stock ownership is generally lucrative and has the side benefit of proxy voting. If more folks actually owned stock in their companies they work for then they'd actually get to vote for (or against) their corporate boss' executive compensation. Stock ownership, even for small investors, needs to be encouraged. It's just as important, IMO, as registering to vote and showing up for every election.