Can a Hedge-Fund Patriot Win a U.S. Senate Seat in Pennsylvania? - The American Conservative
David McCormick’s campaign manifesto proposes many worthy policies, but also reflects an establishment GOP blind spot.
1ft.io
But unlike the popular Vance, the more senior warrior-turned-financier hasn’t fully shaken conventional GOP attachments to high finance and globalist trade that have hamstrung the party’s electoral prospects and undermined the very national renewal his book champions.
Perhaps due to working in the confines of finance (Bridgewater), tech (the software firms FreeMarkets and Ariba), and consulting (McKinsey), he says nothing about re-building our industrial base. He accepts as givens both outsourcing and financialization of the U.S. economy.
Republican candidates in the Commonwealth face an uphill battle not because conservatives turn off suburban moms, but because the party has brushed aside Pennsylvania’s industrial legacy, seemingly at peace with the closing of the Philadelphia Naval Shipyard, the nation’s first, and the Depression-like contraction of steel production state-wide. The former was a major blow to the Delaware Valley, while the Lehigh Valley and western Pennsylvania continue to reel from the latter. “Ed and meds” offer some relief, but these ballyhooed service sectors cannot by themselves sustain the fifth most-populous state, let alone a superpower. Throughout U.S. history, steel production and shipbuilding were irreplaceable underpinnings of our economic and military might, sectors upon which China has placed its bets as an industrial powerhouse.
Just wants a few more blood meals on the faltering corpse seems to me