• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Business & Finance Economic Policies

‘Delusional mythology’: Hard lessons ahead for Trump supporters because they don’t understand capitalism todayheadline

January 27, 2025
in Economic Policies
Reading Time: 3 mins read
A A
0
'Delusional mythology': Hard lessons ahead for Trump supporters because they don’t understand capitalism
7
SHARES
15
VIEWS
Share on FacebookShare on Twitter

During the United States’ 2024 presidential race, Donald Trump hammered President Joe Biden and Vice President Kamala Harris mercilessly on the economy — especially inflation, which he blamed the Biden Administration for. And his messaging worked: Trump, who won the popular vote by roughly 1.5 percent (according to the Cook Political Report), returned to the White House for a second term on Monday, January 20, 2025.

Rich Logis — the former Republican and ex-Trump supporter who founded the group Leaving MAGA — examines that economic angst in an think piece published by Salon on January 26. And he argues that many Trump supporters suffer from “an all-enveloping misunderstanding of American capitalism.”

“One delusional mythology about American capitalism that has been instilled in We the People is that we somehow have a guaranteed right to prosperity,” Logis writes. “This imaginary right has been deployed by politicians who are afraid of educating their constituents about how our model of commerce actually works…. With due respect to the many Americans who voted for Donald Trump, their overwhelming sense of entitlement dwarfs that of the hard-working immigrants who cut their grass, scrub pots and pans in the restaurants they frequent, and care for their kids and elderly loved ones.”

READ MORE: Anger as Trump set ‘to make every American pay even more’ with Colombia retaliation

Logis adds, “Too many Americans have come to believe they are owed financial comfort and material abundance, not to mention eggs and gasoline at predictable prices…. Welcome to capitalism, a system whose proponents always cite unequal outcomes as a reason for extolling it.”

Logis argues that “many millions” of Americans “are better off” because of former President Joe Biden’s administration, which “oversaw the recovery of millions of jobs lost during the COVID pandemic and the creation of millions more.”

The former MAGA Republican recalls that back in 2016, Trump’s “populist campaign resonated with” him. But he has since rejected the MAGA movement.

“Welcome to the ‘laws’ of supply and demand, which all of us must navigate on a daily basis,” Logis emphasizes. “If you don’t know or don’t remember these details, ask yourself why you don’t. If you’re a Trump voter, then ask yourself whether you might have voted differently in November had you been aware…. What do Trump voters, and especially true believers in the MAGA community, of which I was once a full member, think capitalism is?”

READ MORE: How Trump’s quick executive actions could redefine who counts in our democracy

Rich Logis’ full article for Salon is available at this link.

Tags: aheadcapitalismDelusionalDonthardLessonsmythologysupporterstodayheadlineTrumpunderstand
Previous Post

Music’s Soundscape Is Becoming Simpler over Time todayheadline

Next Post

Jason Momoa’s Latest Role? Fighting Plastic Waste with Boomerang Water todayheadline

Related Posts

ET logo

Indian forces launch Operation Nader against terrorists in Tral, heavy firing exchanged todayheadline

May 15, 2025
2

Sri Lanka to auction state-owned Porsche Cayenne, SUVs todayheadline

May 15, 2025
8
Next Post
Jason Momoa's Latest Role? Fighting Plastic Waste with Boomerang Water

Jason Momoa's Latest Role? Fighting Plastic Waste with Boomerang Water todayheadline

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
Amlak Finance announces financial results for Q1 2025

Amlak Finance announces financial results for Q1 2025

May 15, 2025
Wrexham 1-0 Mansfield (Nov 9, 2024) Game Analysis - ESPN

San Jose 3-3 Miami (May 14, 2025) Game Analysis – ESPN

May 15, 2025
Scana ASA Q1 2025 slides: revenue drops 32% as margins face pressure

Scana ASA Q1 2025 slides: revenue drops 32% as margins face pressure todayheadline

May 15, 2025
Asteroid 3 Juno

The Sky Today on Thursday, May 15: Juno and M5

May 15, 2025

Recent News

Amlak Finance announces financial results for Q1 2025

Amlak Finance announces financial results for Q1 2025

May 15, 2025
0
Wrexham 1-0 Mansfield (Nov 9, 2024) Game Analysis - ESPN

San Jose 3-3 Miami (May 14, 2025) Game Analysis – ESPN

May 15, 2025
2
Scana ASA Q1 2025 slides: revenue drops 32% as margins face pressure

Scana ASA Q1 2025 slides: revenue drops 32% as margins face pressure todayheadline

May 15, 2025
4
Asteroid 3 Juno

The Sky Today on Thursday, May 15: Juno and M5

May 15, 2025
1

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Wrexham 1-0 Mansfield (Nov 9, 2024) Game Analysis - ESPN

San Jose 3-3 Miami (May 14, 2025) Game Analysis – ESPN

May 15, 2025
Scana ASA Q1 2025 slides: revenue drops 32% as margins face pressure

Scana ASA Q1 2025 slides: revenue drops 32% as margins face pressure todayheadline

May 15, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co