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The Election of Donald Trump Was a Crushing Blow to the Neoliberal Order

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America’s elites continue to line up against Donald Trump:

President Trump has raised more than $88 million for his re-election campaign over the last year and a half, giving him a dramatic head start on prospective Democratic challengers in the 2020 race.

Mr. Trump’s campaign committee, combined with two joint committees formed with the Republican Party, ended last month with nearly $53.6 million in the bank — almost $10 million more than their previous largest balance — according to finance reports filed Sunday evening with the Federal Election Commission.

The totals reflect a brisk and continued fund-raising effort by Mr. Trump’s campaign operation that, in a departure from usual presidential practice, started even before he took office. Most new presidents shift their political operations to their national party committee until launching their re-election campaign after the first midterm election of their tenure.

Mr. Trump’s campaign and the two joint committees — Trump Victory and Trump Make America Great Again — have continued spending aggressively to cultivate donors through both online list-building targeting small donors and fund-raising events for big donors.

A lot of pro forma flirting with Never Trumpism before the election was based on the erroneous perception that he would govern to the left of a typical Republican, not because of his world-historical unfitness for office. Now that he has, not surprisingly, proven a more orthodox Reaganite than Reagan, even the pro forma part will largely vanish.

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