Politico: “The 2008 financial crisis reshaped American politics, birthing a politics of outrage in the Tea Party on the right and an enduring strain of progressive populism on the left. The coronavirus is already on a similar trajectory, triggering massive prospective bailouts and other policy proposals that stand to rewire the Republican and Democratic parties for a generation — or longer.”
“Last week, Republicans joined Democrats — and in some cases got in front of them — in calling for direct payments to Americans to help cope with the economic fallout from the pandemic. The Trump administration, after laboring for years to repeal Obamacare, said it was considering creating a special enrollment period for the program due to the coronavirus. When Donald Trump himself suggested the government could take equity stakes in private companies that receive federal aid, it was a Democratic governor, Colorado’s Jared Polis, who accused the president of being a socialist.”
“The immediate effects of the pandemic on blurring the parties’ ideological distinctions have been acute — and the virus’ toll still remains far from reaching its peak.”
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