David Stockman Reveals How Gas and Grocery Prices Shaped the US Election Outcome

A pocketbook election, in which the shrinking value of the dollar played a big part, shouldn’t be mistaken for a permanent electoral realignment. From David Stockman at internationalman.com:

Inflation

There is every reason to be thankful for the Harris no-go last week, but also absolutely no case to get giddy about the prospects for a second Trumpian term, either. At best, what lies ahead is a wasted four years on the policy front, as Washington is likely to become embroiled in an even more acrimonious melee between the TDS and MAGA polarities of American politics.

Indeed, contrary to the excitement currently extant in many quarters of Team Garbage it needs be recognized that what happened was not the vindication of Donald Trump. There was no mandate for MAGA or some grand political realignment or birth of a new era of governance under which the people have taken back their government.

Ironically, all the realignment chatter is actually rooted in the reason the election was more likely a one-off dead-end. Proponents cite exit polls showing that Trump “outperformed” among Hispanics, blacks, young people, urban, union and working class voters and other left behinds, thereby suggesting a new governing coalition has formed around the Orange Man. Some even imagine it’s a Republican 1933.

But that’s just not so. These backsliding Dem constituencies voted against the soaring cost of groceries and gasoline, not in favor of MAGA or DJT as the savior of the American Way of Life. The inflationary whirlwind that hit the US economy in 2021 to 2023 was such a powerful economic shock to everyday Dem households that on the margin it pushed a considerable slice of them out of their customary lane in the voting. In effect, they checked the GOP box in answer to Ronald Reagan’s call of 1980 under parallel circumstances, when he asked whether you are better off today than four years ago.

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One response to “David Stockman Reveals How Gas and Grocery Prices Shaped the US Election Outcome

  1. Maybe comrade kommissar Barnie Sandlers of the glorious peoples republic of Vermont was onto something when said that abandoning the working class was why the CPUSA (D) lost.

    Of course all of that is a front and Sta-Puff Marshallow Man of Illinois Pritzker is prattling on about his people in the glorious CPUSA (D) republic of Illinois.

    Not my comrade, never will be.

    The streak continues!

    Black Cat crossed connector road with leaps and bounds, found ten dollars behind the garbage dumpster. Meow.

    I’m so greasy I have to use Dawn in the rain box. (/s)

    Breaking from the Cramps:

    Garbageman

    {Stick Out Your Can}

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