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A large part of the issue is that the Democratic Party (and Labour in the UK, and the Liberals in Canada) really drank the third-way neoliberal koolaid in the 1990s and have done a poor job of speaking to the anxieties and concerns of the poor.
The political right has talked to those anxieties, albeit in a dishonest, manipulative and disingenuous way, but they do talk to it and--not only do they talk to it, they deliver results. Again, dishonest, manipulative and self-serving results, but if you don't look to closely it looks like they're taking action.
I'm hoping Harris and Walz mark a new era, but after witnessing Trudeau in Canada and Starmer in the UK continuing to make the mistakes of the 1990s, I'm not holding my breath.
I have such high hope for Walz. He's so tight with the labor party. If harris and walz wins this election I'll be so happy.