Tuesday night Fox News, Rupert Murdoch's television network, celebrated its Ides of March, celebrating the first TV regicide in history. Late in the evening, when a surprise victory for Donald Trump seemed to be looming after his affirmation in Florida, the network which in recent years has been the most powerful tool in the hands of the president, made the scoop that you would not have expected by announcing first well in advance that Arizona, surprisingly, was about to go over to the Democrats.
A low blow which would be followed by others because the Bible of the US conservatives, by far the most followed news broadcaster, was certainly not in the front line in condemning the "fraud" of the ballots. The president, reports the chronicles, bitterly complained through his son-in-law Jares Kushner and then confided to Ruddy, owner of the conservative News Max network that "Rupert says that he is always with me, but in reality it is not like that". At the origin of the tear there would be Trump's intention to start a network of his own, thus exploiting his extraordinary talent for TV. But the fracture probably indicates that the right is already planning after Trump, in which the role of Mitch McConnell will be decisive, the elderly leader of the outgoing Republican majority in the Senate, today the needle on the balance of American power divided between a weak White House, because Biden will not control the Senate, and a Senate that it will prevent leaps in public spending.
On the other front, too, there are important innovations. Until a few days ago, the real bogeyman of the right was the risk of the affirmation of the radical left represented by Bernie Sanders, Elizabeth Warren and the rising star Alexandria Ocasio Cortez, the true democratic impact force, determined to support a radical tax reform with the return to the 70s rates (progressive taxes up to XNUMX). But the polls, starting with Florida, have not rewarded this line with the expected blue wave. The "old" rust belt saved the democratic fight against Trump, the working-class province of Michigan recovered by Biden, a leader hardened to compromise by an endless parliamentary career. In short, in the words of Alessandro Fugnoli, the Red and Black strategist, "we started with Sanders and Warren, with visionary and daring plans for the radical reform of American society and the redistribution of wealth in a climate marked by street clashes and then devastated by the pandemic and we find ourselves today a sort of commissioner management agreed between a weak White House and a strong Senate in which there are still centrist Republicans like Romney who are more than willing to talk to Democrats".
It is this evolution that largely explains the stock market rally, you come to the polls empty of stock like a city emptied at the approach of a hurricane. But now? Biden promises to switch attention from tariffs to containing Chinese technological growth. In words, Europe will be more appreciated but will be subjected to even greater pressure to side with America and against China, even at the risk of losing the market. On the monetary policy front, full harmony with the Fed's "easy" money to ensure recovery. Yes you can assume a weaker dollar and less brilliant stock exchanges because they are orphaned by Trump's stimuli. But the big web monopolies should have escaped the risk of an antitrust crackdown. And the rigor of Twitter or Facebook in censoring the fraudulent outbursts of the tycoon who keeps shouting "victory betrayed" shows that the various Mark Zuckerbergs or Jeff Bezos are fine with it.
