The two parties are switching class constituents. Sixty-five percent of Americans making over $500,000 are now Democrats. Seventy-four percent of those who earn under $100,000 are Republicans. Gone are the days of working people voting automatically Democratic or Republicans caricatured as a party of stockbrokers on golf courses.
By 2018, Democrats controlled all 20 of the wealthiest congressional districts. In the recent presidential primaries and general election, 17 out of the 20 wealthiest zip codes gave money overwhelmingly to Democratic candidates.
Increasingly, the Democrats are a bicoastal party of professional elites of corporate America, Wall Street, Silicon Valley, the media, universities, entertainment, and professional sports. All made out like bandits during 21st-century globalization.
Democrats have lost the most support among working-class whites, especially in the interior of the country. But they are also fast forfeiting backing among the Hispanic middle class, and just beginning to lose solidarity among similarly situated African-Americans.
The Left does not wish to admit it has become the party of wealth.
