The 2024 election highlights three fundamental questions for Democrats: their core principles, their brand, and their strategy to address the Trump 2.0 era. The article argues that acknowledging the economic anxieties of working-class Americans, particularly concerning job losses due to globalization and immigration, is crucial for the party's success. Examining the impact of NAFTA, China's entry into the WTO, and the widening wealth gap, the article underscores the real pain experienced by many Americans despite overall economic growth.
The 2024 election left Democrats with three fundamental questions. First, what is the party 'about' ? Second, how do we explain what we are about ?' Third, how do we approach the Trump 2.0 era in a way that matches those core principles and strengthens that brand? In other words, what is our strategy?The answer to all three starts by recognizing a painful truth: that the crux of President Donald Trump's argument was right.
also put a broader damper on incomes, driving those still in manufacturing into accepting lower wages.Critically, it also fueled a dramatic increase in illegal immigration that added downward pressure on pay, particularly for those with lower income to start with.The second monumental shift came in 2000 when China entered the World Trade Organization. It was the equivalent of throwing dynamite on the economic bonfire, bringing an immediate, dramatic restructuring in the economy. U.S.
ECONOMY Globalization IMMIGRATION TRADE WEALTH GAP
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