Heidi Smith
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heydeesmeet.bsky.social
Heidi Smith
@heydeesmeet.bsky.social
Research Professor @ibero_economia

Info on Political Economy , Public Policy, Public Administration in Mexico & US
Pubs@ http://shorturl.at/hFGX3
So future research questions include if Billionaires are Hijacking Democracy? Is the U.S. electoral system designed to keep a check billionaires' influence? Without electoral reforms, will public policy continue to serve the ultra-wealthy over working-class Americans? Will public policy mater?
November 15, 2024 at 5:19 PM
we know Populism Breeds in Inequality:
When voters feel ignored, populists step in. They promise tax cuts or redistribution without fixing fiscal policy. Inequality grows, democracy dies. #Populism #ElectoralReform
November 15, 2024 at 5:18 PM
So is Electoral Reform Urgent?
Ranked-choice voting? Proportional Electoral College? Nice ideas—but unless we tackle inequality for those earning $400K+, reforms won’t fix the imbalance of power in U.S. democracy and their influence... but can they help with growth?
November 15, 2024 at 5:17 PM
Campaign Money Warps Policy:
The 2024 election wasn’t just about votes—it was about billionaires. Democrats raised from millions of people ; Musk offered $1M for petitions. Until we fix campaign financing and regulation.... Elections will service the rich. #DemocracyAtRisk
November 15, 2024 at 5:16 PM
Fiscal Illusion & Democracy’s Decline:
When federal taxes centralize revenue but cut public goods, the system creates a "fiscal illusion." Populist leaders exploit this, but voters pay the price in weakened services. Sound familiar?
November 15, 2024 at 5:15 PM
during the election but too late for application or changes to the structure came here www.newyorker.com/magazine/202...
How Republican Billionaires Learned to Love Trump Again
The former President has been fighting to win back his wealthiest donors, while actively courting new ones—what do they expect to get in return?
www.newyorker.com
November 15, 2024 at 5:15 PM
Post analysis here www.ft.com/content/73a1...
Trump broke the Democrats’ thermostat
The American left was sent spinning in 2016 and is yet to recalibrate
www.ft.com
November 15, 2024 at 5:14 PM
Where's the Media?
Biden and Harris reportedly got campaign boosts from ~15 billionaires each. Yet, few outlets questioned what that means for public trust and governance. Who’s really calling the shots? #CampaignFinance
November 15, 2024 at 5:13 PM
Populism's Dangerous Appeal:
Trump’s tax cuts wooed non-college voters by offering short-term relief while starving public goods funding. Populism thrives on these "easy fixes," but democracy falters without structural reform. #TaxPolicy
November 15, 2024 at 5:13 PM
A Shared Struggle:
A teacher in the Midwest making $50K and a coastal worker making $100K+ share grievances about housing and healthcare. Yet, the ultra-rich skew policies in their favor, leaving both behind. #MiddleClassCrisis
November 15, 2024 at 5:13 PM
Inflation Hurts Unequally:
Inflation disproportionately affects the working class, yet policies focus on the wealthy earning $400K+. When billionaires fund campaigns, their priorities—not the public's—dominate the discourse. #EconomicInequality
November 15, 2024 at 5:12 PM
U.S. no longer operates under median voter theory. Instead, a binomial economic divide dominates: most voters fall between $50K-$400K annually and those that make $400 or more include the ultra-wealthy that control elections through campaign financing. This isn't democracy—it's oligarchy-lite
November 15, 2024 at 5:12 PM