![]() Trump and the Republicans’ plan to repeal the 2010 Affordable Care Act (Obamacare) would have left 24 million Americans - mostly poor or middle class, many of whom voted for him - without health care. Twenty-First-Century American Populism: How Trump Will Betray His Base ![]() Yet he has stacked his administration with billionaires (not just millionaires) and Goldman Sachs alumni, while letting the swamp of business lobbyists rise higher than ever. Trump also ran as someone who would “drain the swamp” in Washington, DC, and on Wall Street. Trump rejected the Republican Party’s traditional pro-business, pro-trade agenda and, like Bernie Sanders on the left, appealed to Americans who have been harmed by disruptive technologies and “globalist” policies promoting free trade and migration.īut while Trump ran as a populist, he has governed as a plutocrat, most recently by endorsing the discredited supply-side theory of taxation that most Republicans still cling to. Sooner or later, Trump’s core supporters will wake up to this fact, so it is worth asking how far he might go to keep them on his side.ĭonald Trump won the US presidency with the backing of working-class and socially conservative white voters on a populist platform of economic nationalism. ![]() In the first year of his presidency, Donald Trump has consistently sold out the blue-collar, socially conservative whites who brought him to power, while pursuing policies to enrich his fellow plutocrats. This post originally appeared at Project Syndicate. (Photo by Nicholas Kamm/AFP/Getty Images) President Donald Trump speaks during a rally at the Pensacola Bay Center on Dec.
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