Member-only story
Will the Billionaires’ Risky Bet Pay Off?
They’re betting no one will notice the GOP is increasing their wealth & lowering their taxes while manipulating white male anger & violence against women, immigrants, liberals, and people of color…
America’s rightwing billionaires are making a risky bet.
They’re betting that supporting openly fascist policies and politicians will increase their wealth, lower their taxes, and let them get away with more and more questionable business practices without government oversight. All without blowing back on them.
They’re betting that, with the blessing of 5 Republicans on the Supreme Court (Citizens United), they can pour just enough money into election campaigns to swing them by slim margins to friendly politicians, but hold back enough on their funding (and those electoral margins) that it won’t be obvious to everybody that they’re simply buying elections all across the nation.
They’re betting that as white Americans find themselves deeper and deeper in debt they’ll turn their anger against women, immigrants, and Blacks “stealing their jobs” and “affirmative action-ing” away their kids’ chances to go to college.
