Why the Trump dynasty will last sixteen years

EDWARD N. LUTTWAK reports:

For all its vacuity, however, the hysteria is certainly understandable, because President Trump has defied all expectations by actually trying to do what he promised that he would try to do. But another reason is that the major cause of last November’s electoral outcome has remained mostly unexplored, even un­discovered. That is not due to intellectual laziness, but rather reflects the refusal of almost all commentators to contend with the political economy that determined the outcome of the election. Long-term processes of income redistribution from working people to everyone else, non-working welfare recipients as well as the very rich, had been evident for at least two decades.

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