With the American election looming, it appeared that a resounding defeat might be in the works for Trump and his Republican enablers. Nevertheless, it was clear that Democratic contender Joe Biden was not exactly setting the country alight with enthusiasm. The vote appeared to be not less a choice between the two rivals than a question of accepting or rejecting Trump. As it was, Biden was forced to run a much closer race than had been anticipated.
Biden had been given the nod by his party as an impeccable representative of the neoliberal centre. In June, he had assured a gathering of wealthy donors that his actions in government would not have any significant financial impact on them and that “nothing would fundamentally change.” He even stressed that the rich should not be blamed for income inequality and told the monied interests that “I need you very badly.”