Rick does a good job of calling it how he sees it. Sometimes I agree with him and sometimes I dont. On this one he nails it. Democrats could convert independents and even moderate republicans in droves if they do these things.
Get a coherent energy policy. As a party, Democrats have completely incompatible energy goals. They want cheap fossil fuels today, so voters don’t revolt as energy costs soar. Yet they want to drive oil and gas producers out of business and replace them with green-energy purveyors. You can’t do both! Policies that punish fossil-fuel producers severely depress new investment, since nobody wants to finance projects in an industry the government is targeting for extinction. That limits supply, pushes up prices and steams voters.
End the giveaways Since Biden took office in 2021, Democrats have backed two big economic aid programs that turned out less popular than they probably expected. The first was an extended and expanded child-tax credit that was included in the 2021 American Rescue Plan, on a temporary basis through the end of 2021. This benefit provided thousands of dollars in tax benefits to millions of families and mostly helped middle- and lower-income people. It reduced childhood poverty. Democrats thought it would be so popular that voters would demand Congress extend it for another year, or even permanently. But at the end of 2021 there was no clamor for more, and the benefit expired.
There’s room for more industrial policy. Biden signed the CHIPS+ Act in August, which was notable because it was a bipartisan endorsement of government policy meant to give the US semiconductor industry a boost against foreign competitors. This could augur a broader shift toward industrial policy in a nation that has largely left private-sector firms to manage themselves for the last 50 years, regardless of the consequences.
Get a coherent energy policy. As a party, Democrats have completely incompatible energy goals. They want cheap fossil fuels today, so voters don’t revolt as energy costs soar. Yet they want to drive oil and gas producers out of business and replace them with green-energy purveyors. You can’t do both! Policies that punish fossil-fuel producers severely depress new investment, since nobody wants to finance projects in an industry the government is targeting for extinction. That limits supply, pushes up prices and steams voters.
End the giveaways Since Biden took office in 2021, Democrats have backed two big economic aid programs that turned out less popular than they probably expected. The first was an extended and expanded child-tax credit that was included in the 2021 American Rescue Plan, on a temporary basis through the end of 2021. This benefit provided thousands of dollars in tax benefits to millions of families and mostly helped middle- and lower-income people. It reduced childhood poverty. Democrats thought it would be so popular that voters would demand Congress extend it for another year, or even permanently. But at the end of 2021 there was no clamor for more, and the benefit expired.
There’s room for more industrial policy. Biden signed the CHIPS+ Act in August, which was notable because it was a bipartisan endorsement of government policy meant to give the US semiconductor industry a boost against foreign competitors. This could augur a broader shift toward industrial policy in a nation that has largely left private-sector firms to manage themselves for the last 50 years, regardless of the consequences.
3 crucial lessons for Democrats
Democrats didn't suffer a total wipeout in the midterm elections, but voters still have some major problems with the party.
finance.yahoo.com