But the ascendancy you will see in the next two cycles will be very broad, I believe. There is a real stable of true-blue leaders who will be fabulous, I predict.
I believe you are right. I increasingly think that the fiscal and economic concerns of a broad swath of the electorate are going to sweep aside the “social wedge issues” such as gun control, abortion, and so on and replace them with issues that are all economic:
1. The economy, state and federal debt levels, banking corruption, etc.
2. Immigration as a jobs issue. A surplus of labor depresses wages, period. No one need conduct some PhD-level study to realize this.
3. The costs of things like healthcare, education, public sector salaries/pensions, etc.
The Fed is showing that the Elite’s plans and schemes have limits. In the case of the Fed, once they get to zero percent interest rates, they’re essentially out of options. Once the similar conclusion registers on the Keynesians who want to spend, spend, spend, then the voters won’t buy their promises of ‘stimulus.’ The voters will be demanding someone come in with some fresh ideas, and not a huge laundry list of ideas, either. Look at Christy in NJ - he has a pretty narrow platform: cut, cut, cut. Real cuts, not “let’s just cut the rate of growth.”
At first, the voters were skeptical, now they’re getting converted to his side. If he has a successful four years, I think we’ll see some other politicians realize that the voters can handle the truth if they act like it is the truth, ie, the pols walk their talk.