To everyone who feels like their heart has been ripped out of their chest, I feel the same. To everyone who is afraid of what happens next, I share your fears. But what we do next is important, and I need you in this fight with me.
As we confront a second Donald Trump presidency, we have two tasks ahead. First, try to learn from what happened. And then, make a plan.
Many political experts and D.C. insiders are already blaming President Joe Biden’s economic agenda for Vice President Kamala Harris’ loss. This does not stand up to scrutiny. Even though the Biden economy produced strong economic growth while reining in inflation, incumbent parties across the globe have been tossed out by voters after the pandemic. American voters also showed support for Democratic economic policies, for example, approving ballot initiatives to raise the minimum wage in Alaska and to guarantee paid sick leave in Missouri.
But good economic policies do not erase painful underlying truths about our country. For my entire career, I’ve studied how the system is rigged against working-class families. On paper, the U.S. economy is the strongest in the world. But working families are struggling with big expenses like the cost of housing, health care, and childcare. Giant corporations get tax breaks and favorable rules while workers are gouged by higher prices. Billionaires pay paltry taxes on their wealth while families can’t afford to buy their first homes.
Americans do not want a country where political parties each field their own team of billionaires who then squabble over how to divvy up the spoils of government. Vice President Harris deserves credit for running an inspiring campaign under unprecedented circumstances. But if Democrats want to earn back the trust of working people and govern again, we need to convince voters we can—and will—unrig the economy.
What comes next? Trump won the election, but more than 67 million people voted for Democrats and they don’t expect us to roll over and play dead. We will have a peaceful transition of power, followed by a vigorous challenge from the party out of power, because that’s how democracy works.
Here’s a path forward.
