2025 11-18 Matters of Democracy Trump a lame duck? Erosion of hope

Matters of Democracy podcast por THOMAS MARINO

Notas del episodio

two distinct but complementary analyses. The first examines the acute political weakening of Donald Trump, evidenced by a significant legislative defeat concerning the Epstein files and a growing list of policy and personnel setbacks. This suggests his authority within the Republican party is waning and that he is operating as a "lame duck" president with dismal approval ratings. The second analysis presents a long-term, structural argument that the American Dream—framed as a valuable "mobility option"—has decayed significantly since the mid-20th century. This decay is driven by falling probabilities of upward mobility and soaring costs ("strike prices") for advancement, such as education and housing. This erosion of hope has created a vacuum filled by speculative financial behavior and political extremism, as citizens seek alternative paths to a ... 

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congresseconomicspolitics