US: The big squeeze and the Republican revolt – Rabobank

Research Team at Rabobank, notes that the first three Republican presidential nomination contests have highlighted that there is a huge clash between the Party’s establishment and its rank-and-file voters, who feel that they are getting squeezed and are losing faith in the American Dream.

Key Quotes

“The establishment needs to pull off a balancing act. On the one hand, they should acknowledge the issues raised by its voters and its interest groups. On the other hand, they need to find a much more moderate candidate who is able to credibly challenge the Democrats.

In order to have a fair shot against the Democratic favorite Hillary Clinton, the incentives of all the party’s stakeholders need to be aligned. The decision of Bush to throw in the towel might help to speed this up.”