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In the final stages of the 2024 presidential campaign, it feels as if the only thing that will go well for Vice President Kamala Harris is fundraising.
So much money has been funneled into her coffers that some reports have suggested the campaign doesn't want publicity.”boast” about it.
Of course, Donald Trump's victory over Hillary Clinton in 2016 proved that no amount of money can make up for a bad candidate.
And Kamala Harris is a terrible candidate.
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From embarrassing, scripted, contentless teleprompter speeches to her fear of answering real questions to the disastrous responses she gives even to completely predictable questions, Kamala Harris' last presidential campaign It's easy to see why the movement collapsed into mediocrity, failure, and finger-pointing – pointing to the highs immediately after release.
It's hard to understand why Democrats thought this time would be different. The only thing that has changed since 2020 is that Kamala Harris has also proven to be a failure as vice president.
Despite this, there appears to be a group of Americans who still feel “joyful.” Unfortunately for the Harris campaign, the target audience is not black men, Hispanic women, or other large electorates.
Rather, it's actually a very small group: billionaires. Yes, the same “billionaire class” that Sen. Bernie Sanders (R-Vt.) is waving his finger at to conjure up a socialist utopia are all on Kamala’s side. According to recent reports. report.
What explains this apparent contradiction that traditional left-wing parties attract the support of capitalism's ultimate beneficiaries?
The answer is right there. The fact that these people are so economically successful means that they can afford to indulge in personally painless virtue signaling by supporting policies that create real hardship for the disadvantaged. means.
Who cares if Kamala Harris' administration continues to raise energy costs with a resurgence of “climate change” extremism? Billionaires will hardly notice the extra cost of a private jet. In the winter, you no longer have to choose between heating your home and cooking your meals. They'll probably be in St. Barts anyway.
These people are not bad people. I know some of them personally, as I live and work in Silicon Valley. For example, Reid Hoffman, co-founder of LinkedIn and arguably Donald Trump's main opponent, was the lead investor in my technology startup many years ago. he recently When I woke up, I was in hot water. over allegations that he and other billionaire donors were trying to buy gains such as loosening antitrust enforcement.
But I don't think this is about promoting business interests. They have an army of lobbyists for that.
No, supporting Kamala Harris, or more precisely, opposing Donald Trump, is not primarily an economic decision, or even a political one. It's likely a cultural and psychological decision.
After all, it's hard to find a rational explanation. In every major policy area: the economy, domestic security, foreign affairs, and national security, President Trump's record in office was clearly better than the Biden-Harris era.
But from the moment Trump entered the political scene in 2015, you could feel the wealthy elite retreating. He just doesn't suit their tastes. They think he's “vulgar”. How scary that he likes McDonald's!
Of course, cultural snobbery needs to be dressed up in certain principles, so they endlessly repeat the idea that Trump is a “threat to democracy” and take a gloomy view. even if the democrats actually For example, undermining democracy overturn the election Here in California.
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For some, the psychological motivation to support Kamala Harris may be a long-standing motivation to assuage feelings of guilt. In this sense, it can be considered just a type of philanthropy. (However, generally speaking, charity is about helping people.)
Let me be clear: I have nothing against billionaires. I wholeheartedly support the free enterprise system. My parents were working class immigrants from communist Hungary, so I don't begrudge the wealth of the rich. It's good if they achieved financial success through hard work and talent.
But ever since I can remember, my focus in politics has been on helping people climb the ladder of opportunity. And it has become increasingly clear to me that the establishment policy consensus of the past 50 years or so has largely failed working people.
That's why I supported Brexit in 2016, and why I supported Trump afterwards. This is why the theme of my FOX News show, “The Next Revolution,” and the book I wrote in 2018 was “positive populism.”
I said at the time that the Republican Party had an opportunity to become a “multiracial working-class coalition.” Nearly a decade after Trump led the Republican Party, that opportunity has become a reality.
It is based on economic results. Under President Trump, for the first time in half a century, incomes at the bottom of the income scale rose faster than those at the top.
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That's why we're seeing this extraordinary political transformation in America, with the Republican Party becoming the party of workers and the Democratic Party becoming the party of billionaires.
And ironically, it was a billionaire, blue-collar billionaire Donald Trump, who did it. His cultural appeal and policy success ushered in a truly historic political revolution, with the Republican Party representing the working class of all races and backgrounds, and the Democratic Party and its billionaire allies representing the rich, white, It was stuck as a political party of the woke.
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