What’s wrong with tariffs
It's not that the Republicans and the Democrats are the same…obviously. But for decades – since Clinton – the Dems have sided with neoliberal economics, just like their Republican counterparts, so the major differences between the two related to overt discrimination, to the exclusion of the economic policies that immiserated working people, with the worst effects landing on racial minorities, women, and gender minorities.
So the Dems stood against discrimination in mortgage lending – but not for the minimum wage that would have lifted the lowest paid workers out of poverty so the could afford a mortgage. They stood for abortion rights, but against Medicare For All, which meant all women had the right to an abortion, but the poorest women couldn't afford one. And of course, in a country where racial and gender discrimination were still the order of the day, the poorest and most vulnerable Americans were racialized, women, disabled, and/or queer.
The Dems' embrace of Reaganomics meant that working people of all types experienced steady decline over 40 years: stagnating wages, economic precarity, increased indebtedness, and rising prices for health care, education, and housing. When Trump figured out that he could campaign on these issues, Dems had no response. Trump's "Make America Great Again" was meant to appeal to a time when working Americans were – on average, depending on their whiteness, maleness and straightness – better housed, better paid, and better cared for.
Of course, those benefits were unevenly felt: America was slow to extend the New Deal to racial minorities, women, disabled people, and other disfavored groups. Trump's genius was to marry white supremacy to economic grievance, tricking white workers into blaming their decline on women, brown and Black people, and queers – and not on the billionaires who had grown so much richer even as workers got poorer.
But Trump couldn't have pulled this trick off without the Dem establishment's total unwillingness to confront the hollowness of their economic policies. From Pelosi's "We're capitalists and that's the way it is" to Hillary Clinton's catastrophic campaign slogan, "America is already great," the Dems' answer to workers' fear and anger was, "You are wrong, everything is fine." Imagine having had your house stolen in the foreclosure crisis after Obama decided to "foam the runways" for the banks by letting them steal their borrowers' homes and then hearing Hillary Clinton tell you "America is already great":
Racial and gender justice matter, of course, but when they're pursued without considering economic justice, they're dead ends. The point of racial and gender justice can't merely be firing half of the 150 straight white men who control 99% of the country's capital and replacing them with 75 assorted women, queers and people of color. The worst-treated workers in America are also its most discriminated-against workers, so the best way to help women, racialized people, and other disfavored minorities is to help workers: protect unions, raise the minimum wage, defend tenants, cancel student debt, and give everyone healthcare. In the same way that a special tax on incomes over $1m will disproportionately affect straight white men, an increase in the minimum wage will disproportionately benefit women and people of color – as well as the majority of straight white men who are also getting fucked over by people with $1m salaries.