Albert Einstein once said: “Compound interest is the eighth wonder of the world. He who understands it, earns it…he who doesn’t, pays it.”
Picture a snowball rolling downhill, growing exponentially.
Former President Obama took office in one of the – if not THE – most favorable starting positions in US presidential history: Rock-bottom economic and financial market conditions, sky-high approval ratings and a filibuster-proof majority in Congress. This highly favorable set of conditions led many to believe a new political world order had arrived – one in which the GOP would struggle for years (permanently?) to win majorities in an increasingly ‘progressive’ US. In other words, former President Obama and the Democrat Party held one of the largest starting political ‘snowballs’ in history.
Unfortunately for former President Obama and the Democrat Party, not only did they fail to understand the power of compound interest, they faced an opposition leader in Mitch McConnell that did.
Mitch McConnell saw the size of the snowball and made the calculation that the GOP must stop it from rolling at any cost, demonstrating a crystal clear understanding of Albert Einstein’s compound interest framework. The McConnell-led GOP turned into the “Party of No”, working hand in hand to obstruct each and every element of former President Obama’s agenda. Nevertheless, the GOP faced an incredibly steep uphill climb.
With a filibuster-proof Congress, all former President Obama had to do to get the snowball rolling was: Enact Democrat Party-unifying legislation; get along with the business community; ride the global economic and financial market upturn; and deploy his vaunted political ground game to solidify Democrat Party power at the state level. There was very, very little the GOP could do to stop it.
But in one of the greatest political miscalculations in US political history, former President Obama chose to ram the hideously partisan Affordable Care Act thru Congress, leading to the Great Midterm Massacre of 2010. The snowball had melted.
Fast forward to November 2016. In the eight years under former President Obama the Democrat Party was hollowed out up/down and across the US, losing its majority in Congress, governorships and hundreds of state legislative seats. Not only did the Democrat snowball melt, a GOP snowball formed.
Unbeknownst to the Leftist Mainstream Media, beginning in early 2011 former RNC Chair Reince Preibus initiated an overhaul of the GOP’s political ground game in an effort to get the GOP snowball created in the Great Midterm Massacre of 2010 rolling downhill. The Priebus-led overhaul was instrumental in the GOP reclaiming the Senate majority in 2014, solidifying a Congressional majority two years later, and pushing the barebones Trump campaign over the Presidential finish line.
Again unbeknownst to the Leftist Mainstream Media utterly obsessed with taking down President Trump, the GOP political snowball is bigger than ever…and about to be shoved downhill. According to a recent Politico article, the Trump Team is already taking steps to shore up state-level support for the 2018 Midterms and a 2020 reelection campaign. And lest the anti-Trump crowd continues to believe the Trump Team is seemingly “incompetent” and thus not to be taken seriously, look no further than the high-tech campaign orchestrated by Jared Kushner in 2016 and the extraordinarily high-powered West Wing staff/cabinet Trump has put in place as evidence of just how seriously the Trump Team should be taken.
If one hails from the political Left and believes that a move toward the Bernie Sanders/Elizabeth Warren wing of the Party – ala the Tea Party in 2009/2010 – is the blueprint for melting the GOP snowball, I have a bridge to sell you. Number one: After years of rolling down a snowy hill, the GOP snowball is materially larger than the Democrat snowball of early 2009 that was tenuously held together by “hope and change.” Note the sea change in Wisconsin politics under Scott Walker, for example. Number two: President Trump’s fiercely pragmatic political “ideology” will ensure the GOP does not cave to its worst instincts. Look to the neutering of the “Freedom Caucus” that is currently underway as case in point.
As a political Independent, my sincerest hope is that the political Left moves toward the center in order to allow President Trump to form a bipartisan governing coalition. After years of extremely partisan politics, it is time for a highly pragmatic Independent political party to form. And in my opinion, once the political Left comes to grips with just how “yuge” the GOP snowball is, they will seek to do so.