IT'S STILL THE ECONOMY- TRUMP proves that the hip pocket and foreign wars matter
Dr Colin Benjamin OAM FAICD FISDS MAASW
Director General Life. Be in it.
The great thing about democracy is the will of the people. The votes of the majority of the families who feel left behind proved decisively that it's still the economy, and we're not stupid, Clinton's deplorables or Biden's garbage.
While we will have to wait for the final count, there is no doubt that the Biden/Harris era was experienced as crime, inflation and immigration. Two thirds of people answering reasons for their vote in exit polls said that the economy was on the top of their list, six percent higher than when Biden narrowly won.
The message from the masses is 'we don't accept that our family should pay the higher prices of corporate profit' and 'the stock market boom', at our expense. People indicated that, as in the UK and more recently in Queensland, rural and working class households want substantial change and will take out their baseball bats to get it.
A close examination of the results will show that the fall in real wages, the greed of property owners making housing unaffordable and the blind eye to the destruction of Gaza and Lebanon. made the nation angry and clear that the incumbents were not listening to the wishes of their communities.
Trump was boosted by several key groups, including Latinos, who shifted toward Trump by double digits, the NBC News Exit Poll found. In 2020, 27% of Latino voters in Pennsylvania cast ballots for Trump. This year, 42% of Latino voters did. Young voters, independents and those with no college degree also moved toward Trump.
Here are some of the factors to consider behind the rejection of social justice, health issues or business speculation on AI. Key features of this realignment include:
1. Resentment Toward Immigration: Economic strains have intensified resentment against immigration, especially as people see jobs becoming scarcer and wages stagnant and their unions being taken over by women with higher education and affirmative action bias.. This has led to a rise in populist, right-wing movements that blame incumbents of any persuasion, for economic woes and their kids stuck on the couch..
2. Anti-Globalisation and Sovereignty Movements: Brexit, for example, was fueled by a desire to reclaim national control, driven in part by a perception that international economic policies primarily benefit elites. Similarly, Trump’s rhetoric focused on protecting American idustry with tarriffs..
3. Shift Toward Nationalist and Populist Politics: Leaders promising to “put their country first” resonate with voters feeling economically marginalised. These leaders often criticize international alliances and prioritize domestic economic revival over global cooperation.
4. Distrust of Intellectualised Centralised Institutions: Many people feel that central banks and governments are out of touch, using policies that prioritise inflation control over economic stability for the working class, often by raising unemployment or cutting spending power.
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5. Geopolitical Tensions and Localised Conflicts: Global instability, such as the conflicts in Ukraine and Israel, underscores fears that international entanglements detract from domestic welfare. Voters increasingly support leaders who push a more isolationist , nationalist and defence industry oriented, stance.
In this context, Trump's second coming reflects a backlash against a perceived elite-driven global system, leading to a stronger push for economic sovereignty, local control, and protectionist policies.
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