Donald Trump’s Election Day victory will go down in history for many reasons.
“This is probably the most incredible election ever in that we’ve never had a time when someone lost the popular vote by so much, and won the presidency without going to a vote in the House of Representatives,” says historian, author and Hedgeye Demography Sector Head Neil Howe.
Howe is referring to the rare case where no candidate wins a majority in the Electoral College and the vote is put to the House of Representatives. This is called a contingent election. “We’ve had this two times before. Rutherford B Hayes in 1876, that was the election that ended the Reconstruction. And we had it with John Quincy Adams,” he says.
Today’s Republican Party opposes big government. It’s culturally conservative. Its demographic support is strongest among white voters, and it usually dominates elections in the South. And its 2016 presidential nominee has been heavily criticized for inciting racial tensions. But things weren’t always this way. Over the past 160 or so years, the party has undergone a remarkable transformation from the party of Abraham Lincoln… to the party of Donald Trump.
Six words that changed conservatism, and American politics.
Bush was so self-effacing that he hated to use the personal pronoun — “don’t be talking about yourself,” his mother instructed him. Trump, by contrast, hardly talks about anything other than himself.
.. The marriage of convenience between Bush and the right broke apart in 1990. The president was determined to reduce the growing deficits that he had inherited from Ronald Reagan — and that had grown larger still because of the need to bail out failing savings and loan associations. With the nation headed to war in Kuwait, he wanted to put America’s finances in order. The problem was that in 1988 he had foolishly promised, “Read my lips: No new taxes.” Bush knew he would pay a price for breaking his pledge, but he was determined to do so for the good of the country.
.. The No. 2 Republican in the House, Newt Gingrich of Georgia, initially appeared supportive of a spending deal that would have limited tax increases to levies on gasoline, alcohol and other products, avoiding income tax hikes. But when it came time to announce the agreement in the Rose Garden, Gingrich stalked out.
.. Bush went back to the table, agreeing to a small increase in the top income tax rate, from 28 percent to 31 percent. (It had been 50 percent as recently as 1986.) House Republicans still rejected the deal, but this time there were enough Democratic votes to pass the compromise.
.. From a fiscal conservative’s perspective, the 1990 deal was a raging success. As Bruce Bartlett notes, “The final deal cut spending by $324 billion over five years and raised revenues by $159 billion.” It also put into place stringent rules mandating that any future tax cuts or spending increases would have to be offset by spending cuts or revenue increases. Within eight years, a $376 billion deficit had become a $113 billion surplus. Yet conservatives never forgave Bush for his apostasy.
.. Gingrich’s opposition to the budget deal — and his general disdain for bipartisan compromise — helped him in 1994 to become the first Republican speaker of the House in 40 years.
.. Bush’s tax hike was also part of the rationale for Patrick J. Buchanan’s 1992 primary challenge, which proved more damaging than anyone had expected. The syndicated columnist won enough votes in New Hampshire (37.5 percent) to embarrass the incumbent and earn a prime-time slot at the Republican convention, where he gave his fiery “culture war” speech that repulsed moderates and independents.
.. As Jeff Greenfield has noted, many of the themes Buchanan hit in 1992 were similar to Trump’s in 2016:
- He denounced threats to U.S. sovereignty,
- railed against globalization and multiculturalism, and
- called for “a new patriotism, where Americans begin to put the needs of Americans first.”
.. George F. Will once remarked, after Reagan’s ascendancy, that Barry Goldwater won in 1964; “it just took 16 years to count the votes.” Likewise, Buchanan won in 1992; it just took 24 years to count the votes.
.. Jon Meacham quotes from Bush’s diary in 1988 after meeting a supporter of televangelist Pat Robertson who refused to shake his hand: “They’re scary. They’re there for spooky, extraordinary right-winged reasons. They don’t care about Party. They don’t care about anything. . . . They could be Nazis, they could be Communists, they could be whatever. . . . They will destroy this party if they’re permitted to take over.”
.. Well, now they have taken over, and it is impossible to imagine the Republican Party again nominating a man who put loyalty to country above loyalty to right-wing dogma.