John Hinderaker of the Power Line blog ponders a “great realignment” in American politics.

Matt Taibbi offers a bracing assessment of the current political landscape. … “Campaign 2024: Not Left Versus Right, But Affluent Versus Everyone Else.” It is the sort of thing that ten years ago, I wouldn’t have taken seriously. But now…

“The realignment of major parties away from blue against red and toward a rich versus poor dynamic is America’s most undercovered political story. …

… “The only reason polls are 43-43 (or perhaps slightly in Biden’s disfavor) is because the other actor is Donald Trump. If Democrats should be panicking because they’re not trouncing an opponent whose biggest campaign events have been arraignments, it’s just as bad for Trump that he polls even with a man who’s a threat to walk into a propellor or carry a child into a forest every time he walks outside. Still, the abject horror Trump inspires in the Georgetown set may be his greatest political asset, and a reason the realignment seems to be proceeding even with him around.” …

… A couple of years ago, my college class–Dartmouth 1971–conducted a survey of class members. Among many other things, it asked about our political leanings when we were students, and today. The result was striking: a remarkable number of those who were on the left as students are on the right today, and vice versa. (I can’t track down the survey results to get the exact numbers.) That makes sense: rebels were on the left in 1971, and mostly on the right today. Likewise, the right was the establishment 50 years ago, while the left is the establishment today. A large majority of my classmates are prosperous, at a minimum, so many see their interests as aligning with contemporary liberalism.

I have no idea where our politics are going, and I don’t like the radicalism implied by a positing of intractable economic conflict. I am more comfortable with sunny Reaganism: conservative policies are good for everyone. Now I might say: conservative policies are good for everyone, except the rich and the privileged. But that wheel is still in spin.