This Fall’s Presidential Debates
Hillary and even Bernie assured the Democratic convention again and again how much President Obama has revived the economy from the “mess” that Bush left. While Trump centers his disdain on the TPP (much as he knocked Jeb Bush out by saying that the invasion of Iraq was a mistake), he can reply, “What recovery? Have you voters really recovered from 2008?”
Hillary and other speechmakers at the Democratic convention criticized Trump for saying that “things are bad.” But according to the July 13 NBC/WSJ poll, 73% of voters believe that the country is going “off on the wrong track.” If Trump shifts his epithet from simply “Crooked Hillary” to the more nuanced “Crooked Wall Street and their candidate, Crooked Hillary,” he’ll score a ratings spurt.
Debt deflation and shrinking markets over the next two years do not provide much hope for increasing the minimum wage – which wouldn’t help much if one can’t find a job in the first place! By 2018 the continued stagnation of the 99 Percent may lead to a midterm wipeout of Democrats (assuming that Hillary wins this year against Trump), catalyzing an alternative party (assuming that she does not blow up the world in her neocon military escalation on the borders of Russia and China).
The problem with Trump is not mistrust; it is that nobody knows what policies he will back. The media are giving him the same silent treatment they did with Bernie, while accusing him of being in Putin’s pocket. He did admit selling some real estate to Russian nationals. Perhaps some of these gains fueled his presidential campaign …
The solution is not to save the Democratic Party, but to replace it. The debate reminds me of that about the Soviet Union in the 1950s: Is it a degenerated workers’ state, or a Stalinist bureaucratic mutation going the opposite direction from real socialism?
I wonder how many years it will take for Hillary to end up booed so loudly that she has to leave hotels and other speaking venues via their back alleys, much as Lyndon Johnson had to sneak out to avoid the anti-war booers leading leading up to the 1968 election.
http://www.nakedcapitalism.com/2016/07/michael-hudson-obama-said-hillary-will-continue-his-legacy-and-indeed-she-will.html
Hillary and even Bernie assured the Democratic convention again and again how much President Obama has revived the economy from the “mess” that Bush left. While Trump centers his disdain on the TPP (much as he knocked Jeb Bush out by saying that the invasion of Iraq was a mistake), he can reply, “What recovery? Have you voters really recovered from 2008?”
Hillary and other speechmakers at the Democratic convention criticized Trump for saying that “things are bad.” But according to the July 13 NBC/WSJ poll, 73% of voters believe that the country is going “off on the wrong track.” If Trump shifts his epithet from simply “Crooked Hillary” to the more nuanced “Crooked Wall Street and their candidate, Crooked Hillary,” he’ll score a ratings spurt.
Debt deflation and shrinking markets over the next two years do not provide much hope for increasing the minimum wage – which wouldn’t help much if one can’t find a job in the first place! By 2018 the continued stagnation of the 99 Percent may lead to a midterm wipeout of Democrats (assuming that Hillary wins this year against Trump), catalyzing an alternative party (assuming that she does not blow up the world in her neocon military escalation on the borders of Russia and China).
The problem with Trump is not mistrust; it is that nobody knows what policies he will back. The media are giving him the same silent treatment they did with Bernie, while accusing him of being in Putin’s pocket. He did admit selling some real estate to Russian nationals. Perhaps some of these gains fueled his presidential campaign …
The solution is not to save the Democratic Party, but to replace it. The debate reminds me of that about the Soviet Union in the 1950s: Is it a degenerated workers’ state, or a Stalinist bureaucratic mutation going the opposite direction from real socialism?
I wonder how many years it will take for Hillary to end up booed so loudly that she has to leave hotels and other speaking venues via their back alleys, much as Lyndon Johnson had to sneak out to avoid the anti-war booers leading leading up to the 1968 election.
http://www.nakedcapitalism.com/2016/07/michael-hudson-obama-said-hillary-will-continue-his-legacy-and-indeed-she-will.html
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