If Republicans don’t wake up, there is a very real possibility that we could lose control of the House of Representatives in 2018. And if that happens, Donald Trump’s agenda will be dead in the water because the Democrats will use their majority to block everything. Trump’s surprise election victory last November was perhaps the single most galvanizing moment for grassroots Democrats in this generation. Just as the election of Barack Obama gave rise to the Tea Party movement, we are now seeing a tremendous amount of energy among liberals all over the nation. If Republicans cannot match this energy, we are going to be in for quite a shock in November 2018.
I guess by now we should be accustomed to politicians lying to us. For years, Republicans have been promising to repeal Obamacare if we would just give them control of the White House, the Senate and the House of Representatives. We did that, and now they are breaking that promise. Because even if “Obamacare 2.0” miraculously gets through the Senate, most of the essential elements of Obamacare will survive. If you look at the latest Senate bill, most of the Obamacare subsidies are still in there, many of the Obamacare taxes are still in there, and most of the Obamacare regulations are still in there. On top of everything else, the bill would create an absolutely massive health insurance company bailout superfund, and that is something that the Democrats never even dared to do. The bill being pushed by Senate Majority Leader Mitch McConnell wouldn’t actually fix much of anything, and it certainly cannot be called a “repeal” of Obamacare.
Have you lost your spot in the middle class yet? For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, and we just got another one. According to a report that was produced by researchers at Harvard University, the number of Americans that spend more than 30 percent of their incomes on housing has more than doubled. In 2001, nearly 16 million Americans couldn’t afford the homes that they were currently living in, but by 2015 that figure had jumped to 38 million.
Do you have an emergency fund? If you even have one penny in emergency savings, you are already ahead of about one-fourth of the country. I write about this stuff all the time, but it always astounds me how many Americans are literally living on the edge financially. Back in 2008 when the economy tanked and millions of people lost their jobs, large numbers of Americans suddenly couldn’t pay their bills because they were living paycheck to paycheck. Now the stage is set for it to happen again. Another major recession is going to happen at some point, and when it does millions of people are going to get blindsided by it.