Business & Investment

Republicans need to move in the middle to win in 2022

In recent elections, Democrats have launched a platform to make our government more representative: a program to mitigate the rise of women and people of color who finger the button of power, and economic inequality. I ran it.

Voters abandoned President Donald Trump because President Donald Trump broke the pandemic and voters could only handle much of his narcissism. Voters are more moderate And we’re not as obsessed with the fundamental solution as progressives speculate —Refund police funds Prove Albatross for Recovery with Democrats in Minnesota Affirmative action Flop in California.

In CNN exit poll, 38% of voters identified it as conservative and only 24% identified it as liberal.Republican Party won Texas and Florida by attracting Latin voters, Obtained about 10 seats And Hold a state legislature Essential for district reorganization..

When the market does not offer

Still, Democrats flipped House seats in North Carolina and Georgia,and A minimum wage of $ 15 per hour passed in apparently anti-socialist Florida..

Even if the Republicans dominate more Capitol 30 states Established a minimum wage higher than federal standards, many Is moving To protect Americans under existing terms if the Supreme Court invalidates the Affordable Care Act.

Voters may reflect on politicians labeled as socialists by opposition, but sacrifice the principle of the free market if the facts on the ground are convinced that the market is not functioning well. Willing to do.

President-elect Joe Biden faced severe opposition in Congress, Great profits in the interim period of his first parliamentIt was considered too radical than Presidents Bill Clinton and Barack Obama, who had ideas, and was overwhelmed in the medium term.

Work with Biden

To win in the medium term, Republicans should move to the center on some of the above issues and offer to work with Biden.

When the federal minimum wage was set at $ 7.25 per hour in 2009, it was 33% of the average for all hourly workers. Updating this to 40% brings the federal minimum to $ 12, which helps Republicans appeal to most Americans’ impartiality, especially black and Latin voters.

Democrats in the House of Representatives A bill linking U.S. drug prices to drug prices charged in other high-income countries.. Trump Recently issued an executive order to move Purchase of Medicare outpatients (Part B prescription drugs) In this direction.

Americans pay 50% more medical costs than Germans and Dutch, Has a similar insurance system, but drug prices are only part of the medical cost issue. Republicans should insist on benchmarks for drug prices, medical services and hospital rates against German and Dutch standards when Biden proposes to increase the number of Americans with health insurance by increasing subsidies. .. Their government regulates prices, but they are rarely considered socialists.

Gasoline tax was last raised in 1993. Adjusting for inflation and imposing mileage fees on electric vehicles could raise about $ 50 billion annually— Only a decent infrastructure program down payment. But bottlenecks and congestion $ 400 billion in production loss, And taxes derived from modifications that may help repay the required additional debt.

Investment to pay

That requires a larger deficit. It’s a disgust for many Republican senators. But if borrowing is a good business to help private sector modernize and increase sales, the same applies to improving roads, railroads and power lines, which are used to move goods and increase income.

The· Federal Government Guarantees 90% of Student Debt However, the most fundamental problem is that too many young people go to college and the tuition fees run wild.

about Half of the freshmen do not earn a four-year degree or pursue a major that does not lead to a decent paid career... They earn only the average high school graduate, but they have a lot of debt. And with a simple student loan, the university was able to raise tuition fees.

Allowing students to borrow money links access to college student loans to lower tuition fees and records of student debt repayments, and Labor Ministry’s successful apprenticeship program..Cover them Wide range of occupations, And graduates earn more than the average new graduate.

Republicans have to deal with the economy and when they find voters, not as conservative ideologies assume. The professor’s perfect competition model is fine for Econ101, but the real world is a much more annoying place.

Peter Morici is an economist and professor of honorary business at the University of Maryland and a national columnist.

More from Peter Morichi:

This is exactly where Biden finds something in common with moderate Republicans.

Trade will be the toughest test for Biden’s foreign policy

Biden’s next job is to get millions of people back to work

Republicans need to move in the middle to win in 2022 Republicans need to move in the middle to win in 2022

Back to top button