• merc@sh.itjust.works
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    2 days ago

    the failures of the Obama bank bailouts, which set all of this into motion

    I think it was more the temerity of Barack Obama for being born black that was a bigger issue.

    As for the rest, of course Democrats will take back power if the right fractures. In a first-past-the-post system with only 2 parties that’s just what happens. It doesn’t matter how incompetently run the parties are, as soon as one leaves power, the other gains it. They may do nothing useful with that power, and it might just be a short time before it swings back the other direction, but they’ll have power when the GOP collapses.

    • TropicalDingdong@lemmy.world
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      2 days ago

      Bankers needed to go jail for life and homeowners are the ones who should have been bailed out. If Obama had taken a Rossellveltian strategy, they would have ushered in an era of Democratic rule like was done post WW2 (when America actually got a taste of social democracy). That coalition lasted for almost 40 years after WW2 because it focused on making a material difference in people’s lives and expanding the sphere of civil rights.

      Obama just, he’s not who he campaigns as.