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Neville Clemens's avatar

Very interesting take, and nicely laid out. Thanks.

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forumposter123@protonmail.com's avatar

"Economic self-interest is not closely tied to ideology or voting behavior. Upper-income voters now tend to vote for the Left which will increase their taxes."

"Working-class voters now tend to vote for the Right which is less likely to increase social spending."

I would push back on this a little.

The primary group supporting the left are professionals. Professionals are often paid directly or indirectly by the government. If I'm a school superintendent or a doctor at a hospital, I'm directly or indirectly a government employee.

Independent small businessmen continue to lean right, but less and less of the economy is independent small businessmen (independent practices amongst doctors for instance are vanishing, and its not a surprise they are moving leftward as a result).

Even were you aren't directly reimbursed by the government, regulatory capture, legal treatment of intellectual property (what makes up most of companies market cap today), and political goodwill to avoid anti-monopoly legislation and law fare are dominant in the big corp "private" sphere. Look at how it turns out all of Elon Musk's companies were doing illegal things the second he took on the wrong politics.

If someone has to pay slightly higher income taxes, but in return CMS increases your medical reimbursement rates, whose to say this is against your interest?

As to the working class, the GOP has completely moved on from Paul Ryan-ism. Could you imagine Trump cutting Social Security or Medicare. I can't. They've given up on repealing Obamacare too. There really isn't a huge gulf between the parties on the big entitlements anymore. Democrats might raise taxes to forgive student loans, but that's hardly something in the working class's interest. Even industrial policy gets entangled with DEI and other nonsense.

I don't really have a huge problem with a lot in this post, but I just think these are very out of date examples. The economy is 44% government spending (50%+ if you thrown employer group health insurance as "government"). The line between tax payer and tax receiver gets very blurry in such a world.

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