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Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
The super rich who backed the Republican president-elect must think they have us exactly where they want us. Now is the best time to turn the tables.
With Donald Trump about to re-enter the White House and his sidekicks about to assume control over Congress, America’s progressives are once again shifting — to playing defense. But the best defense, as one old football adage suggests, almost always turns out to be a good offense.
In the coming Trump redux, can we progressives take that adage to heart? Dare we go on offense and maybe even snatch a victory or two? We certainly can — if we start pushing for what the vast majority of Americans so want to see: an America where the really rich don’t run the show.
How much our richest run that show has never been more obvious. Campaign spending figures help tell that story.
Back at the beginning of our 21st century, out-of-state contributions to House and Senate races, be they from political action committees or individuals, funneled about the same amount of cash to candidates as in-state donors. These PACs and individuals faced strict limits on how much they could contribute politically. PACs, for their part, could accept no more than $5,000 from individuals each year and give no more than $5,000 directly to a candidate in each election cycle.
Enter the Super PAC. In 2010, the U.S. Supreme Court’s Citizens United decision essentially gave America’s wealthiest and the corporations they run free rein to spend as much as they want to boost the candidates they find most appealing. This green light for what became known as “Super PACs” gave America’s richest the legal capacity to cement in place a new and “improved” plutocracy.
Dare we go on offense and maybe even snatch a victory or two? We certainly can — if we start pushing for what the vast majority of Americans so want to see: an America where the really rich don’t run the show.
In the 2024 election cycle alone, former AFL-CIO political director Michael Podhorzer points out, Super PACs and related groups have spent seven times more on the candidates they support than those candidates have raised “from individuals in their own states.”
And that spending is coming overwhelmingly from the richest of America’s rich. In this year’s presidential race, according to the latest pre-election stats available, some 60 percent of all outlays on Donald Trump’s behalf were coming from the Super PAC universe, and 90 percent of that universe’s spending, Michael Podhorzer adds, was coming from the top donor 1 percent.
Just who from the ranks of our super rich are doing all this spending? We don’t exactly know for sure. Spending by outside contributors this election cycle, researchers from the campaign funding watchdog OpenSecrets reported on Election Day, hit an all-time record $4.5 billion, “with more than half of that spending coming from groups that do not fully disclose the source of their funding.”
America’s wealthiest “have always weighed in on politics,” as the business journal Forbes understatedly noted the day after Election Day, but their capacity to make a difference has significantly “ramped up.” These wealthy “can now make unlimited donations,” and those donations without limits have been making each election “more expensive than the last.”
And billionaires like things that way. Exulted crypto billionaire Tyler Winklevoss just after Trump’s triumph: “We are on the brink of a new American Renaissance.”
But billionaires today have an electoral influence that goes far beyond their hefty campaign contributions. In today’s social media environment, these rich can speak directly to potential voters. Between October 1 and Election Day, a Forbes analysis shows, America’s 200 richest billionaires posted over 2,000 comments on this year’s elections. Those comments gained over 10 billion reads.
And where did we end up, after all this billionaire spending and speaking out? We ended up with an exasperated electorate. Voter turnout in 2024, the political scientist Peter Dreier points out, ended up down more than 16 million votes, with Trump pulling over 2 million fewer ballots than in 2020 and Kamala Harris collecting over 14 million fewer than Joe Biden pocketed in 2020.
That turnout for the Democrats, Dreier argues, reflects the continuing weakness of America’s labor movement, despite the isolated labor organizing triumphs of recent years. Back in the mid-20th century, unions represented over a third of all U.S. private-sector workers. Last year, only 6 percent of private sector workers carried union cards.
If today’s union membership rate stood at a mere 20 percent of all workers, Dreier contends, “Harris would have won” because unions would have been able to reach more working people directly — including those “who might be gun owners or evangelical Christians” — “about why to vote” for pro-worker candidates.
Three generations ago, in mid-20th century America, high unionization rates kept in place World War II’s high federal tax rates on the nation’s highest incomes, rates that would run over 90 percent on top-bracket income throughout the 1950s. That twofer of a strong labor movement and high taxes on our nation’s richest would go on to nurture a political climate open to greater equality in every sphere.
Today’s richest, by contrast, pay taxes at rates that amount to a tiny fraction of what they pocket, and vast swatches of the American economy have essentially no union presence at all. Trump and his deep-pocketed pals can flourish and thrive in this environment. The task for the rest of us: to change it.
Can we win that fight? We can. Just look at the numbers.
Earlier this year, polling found that 71 percent of all likely voters — and even 53 percent of self-described Republicans — think billionaires should be paying more in taxes. Over two-thirds of the American people, Gallup reports, see themselves as union supporters. Even more Americans — 80 percent — favor higher taxes on corporations with CEOs who make over 50 times what their workers make. Top CEOs today averagehundreds of times what their workers earn.
Our super rich are now celebrating what they see as a glorious future. Let’s put them on the defensive.
Let there be no doubt: Trump and the Republicans will try to cut our earned benefits. But just as a grassroots movement around the country succeeded in saving the Affordable Care Act during Trump’s first term, we can save Social Security and Medicare.
No one voted to cut Social Security. No one voted to cut Medicare. And no one voted for higher drug prices.
Donald Trump ran on a promise to protect Social Security and Medicare. Based on Trump’s long record of working to cut and undermine our earned benefits, we don’t trust that promise for one second. But we plan to make him keep it.
There’s a good reason Trump didn’t campaign on cutting Social Security: Ninety-two percent of Americans think that’s a terrible idea.
What will Trump do once he’s actually in the White House? During his first term, he tried to cut Social Security every single year. He appointed an unqualified crony, Andrew Saul, to head the Social Security Administration. And he surrounded himself with advisors who had long records of working to cut and privatize Social Security.
Now, Trump has a new advisor, Elon Musk. He just put Musk in charge of a commission to slash $2 trillion of federal spending. That is essentially impossible without cutting Social Security, Medicare, and/or Medicaid. Indeed, incoming Vice President JD Vance has specifically said that Musk will target Social Security.
We are never going to stop fighting to protect and expand Social Security.
Musk is the wealthiest man in the world. It’s no surprise that Musk and his fellow billionaires want to cut our earned benefits rather than pay their fair share in taxes.
Trump’s top priority is to extend the tax cuts he gave the ultra-wealthy in his first term. Then, Republicans will turn around and claim that we “can’t afford” Social Security and Medicare.
Republicans in Congress have already telegraphed what those cuts could look like. The Republican Study Committee (RSC), a caucus that counts over 80 percent of House Republicans as members, released a budget proposal earlier this year that makes massive cuts to Social Security. That includes raising the retirement age to 69, and decimating benefits for the middle class.
The RSC budget would also repeal Medicare’s power to negotiate lower drug prices. That means seniors and people with disabilities would have to turn over more of their hard-earned Social Security checks to Big Pharma.
In case anyone doubted that Republicans are serious about passing these cuts into law, House Budget Chairman Jodey Arrington (who angrily chased me down the street last year after I confronted him about his support for Social Security cuts) just pledged to cut health care benefits through reconciliation—meaning that Republicans would only need 50 votes in the Senate.
Trump and Republicans will try to cut our earned benefits. But just as a grassroots movement of Americans around the country succeeded in saving the Affordable Care Act during Trump’s first term, we can save Social Security and Medicare.
Musk is the wealthiest man in the world. It’s no surprise that Musk and his fellow billionaires want to cut our earned benefits rather than pay their fair share in taxes.
Here’s how:
We are never going to stop fighting to protect and expand Social Security. Social Security has stood strong for nearly a century. It has survived wars, depressions, and pandemics. And with your help, it will survive Donald Trump.
The letter does not do justice to this slaughter that is going on right now with full Biden/Harris backing.
The October 19, 2024 endorsement of the Harris/Walz Democratic ticket for the Presidency and Vice Presidency by over fifty Lebanese Americans (perhaps some reluctantly) reads as if the Biden Bombs for Israel are not daily destroying more of Lebanon and its civilians with an emerging genocidal pattern as seen in Gaza over the past year. Israel’s terrorism against innocent civilians, health facilities, cafes, residential areas, schools, agricultural terrains, transportation routes, and even banks, are receiving so far the full, cruel support of the Biden/Harris Administration. So where is the storied Lebanese tradition of tough negotiation or bargaining?
The statement failed to condition this support on the White House’s making immediate enforceable demands on Israel to stop this mass annihilation, including women, children, the elderly, and hospital patients, immediately. There is no indication of any reciprocity, simply a plea without any display of political power on behalf of the Lebanese American community. After all, there are over a million Lebanese American voters that the Democratic Party should be keeping in mind.
The statement failed to condition this support on the White House’s making immediate enforceable demands on Israel to stop this mass annihilation, including women, children, the elderly, and hospital patients, immediately.
The letter should have given Bibi-Biden a sense of urgency by informing him that over 80,000 Americans reside in Lebanon and that there are two major educational institutions there – the American University of Beirut (AUB) and the Lebanese American University (LAU) with extensions in the Bekaa Valley, along with other American business, cultural and charitable enterprises. Any day now, Netanyahu’s murderous bombing raids against a totally defenseless country will claim the lives of Americans there. (Israel has already bombed the ancestral village of one of the signers of the letter.) The Washington Post reports that Israel has already bombed several Christian villages. What is Joe Biden going to do? The Lebanese American community should let Biden know he and Democratic candidates will pay a political price should he not put a stop to this indiscriminate air and ground attack on its ally and the additional violence against the United Nations peacekeepers in the south.
The letter has long-term proposals for peace and a rebuilding of Lebanon’s economy and governing institutions which are well taken. But as Martin Luther King Jr. once exclaimed: “THE URGENCY OF NOW” is on the table. History reminds us that Hezbollah was created in response to the Israeli invasion of Lebanon in 1982, dominating and abusing the unprotected Shiite Lebanese in the south. The Israeli practice of collective punishment and limitless civilian destruction over the years is now underway again in this small country. (The Washington Post reports 1.2 million Lebanese have been displaced in just one week).
The letter does not do justice to this slaughter that is going on right now with full Biden/Harris backing. It should have a follow-up addendum immediately for an emergency demand that Biden pressure Netanyahu to cease attacking an American ally. With consequences if denied. Now!
Don’t you think the bombarded Lebanese people expect at least that much from the signatories?
Postscript: One of the signers is Ralph Nader of New York City. The gentleman is no relation. There should be no confusion of names here.