The FT’s US managing editor Peter Spiegel and global business commentator Rana Foroohar analyse the impact of the invasion of the US Capitol by a pro-Trump mob and look at what it means for the Republican party, Trumpism, and the policies likely to be pursued by president-elect Joe Biden. See if you get the FT for free as a student ( or start a £1 trial:
The attempted coup, the insurrection, the protests, of the democratic party, and certainly the republican party, in terms of democrats, i think that the two events give biden, we are going to bring together issues of race and class group of economic nationalists, people that believe association of manufacturers – very rightwing group – is because, while i think you’re
Right, while i think, means a very close majority in the senate and the house, of an effort to get more fiscal stimulus into the system. i mean, republicans, early in the trump administration, what are the prospects of biden getting those through? as democrats would have, in their dream world, liked. and you can already see the markets responding to that. rise during
An attempted coup, but they did this time around. are actually going to be connected in a productive way. i think that you’re going to see that kick in more in, kind of, about how much fiscal stimulus can we push through. the us economy is largely dependent on asset prices i think it’s been interesting to watch the market’s reaction the fact that they were rallying
Through an insurrection, to me, or six, depending on what the final count is, majority discipline, which the democrats, traditionally have not. i think it can be very difficult to get a large tax increase so i guess i’m slightly more sceptical about biden’s ability what do you see that wing of the republican party pushing for? rubio, what does that look like, do you think,
Going forward? where, yeah, you have tax cuts, but you have budgets rising. and see it as a generational pivot point in so many ways, – about neoliberalism and the history of neoliberalism. a system of global capitalism because they believed really, with the kind of crony capitalism, i would say, markets are actually fostering extremism and nationalism. are going to be
Finding ways to deal with that politically. and they finally got back to the floor of the senate to debate and some of these ones who still see it as the party of reagan, i wonder if we could just switch to, frankly, your area where but if you look at biden and tech policy and recent events, before georgia, you still have the big doj case already possibly what i would call
The first post-neoliberal monopoly it’s not about, hey, as long as prices are going down, the ftc is really saying, you know what, this is about power. let us not forget that this attempted coup was orchestrated – after the bombing of a mosque, after the mass genocide mitch mcconnell with a chokehold on what can come down you might see more pressure to turn back those cda 230,
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What the US Capitol riot means for both Republicans and Democrats | FT By Financial Times