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Party leadership needs to study and learn from what the Wall Street wing has cost in terms of lost elections and the increasing tilt of the playing field.
In his stumbling explanation of the muddled autopsy report on the 2024 election debacle, Democratic National Committee chair Ken Martin uttered two pieces of wisdom that regrettably, neither he nor the party has heeded: “The Democratic brand is in trouble and needs repair,” and “I agree with folks who have said we have to learn from the past to win the future.” Had they followed that advice, they would have seen how history tells a neglected and important story.
It begins when Bill Clinton was handed the keys to the White House by a group of largely Southern officials who formed the New Democrats with the mission of putting a Southern, pro-business candidate in the White House. With its pointed references to Reagan speeches and policies, Clinton’s Second Inaugural signaled a devil’s bargain that ended a century of Democratic Party policies.
In 1896, William Jennings Bryan had articulated the level playing field principles that served as the Democrats’ North Star for much of the last century: “There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them.” In the term following his inaugural rejection of those principles, Clinton repealed one of the crown jewels of the New Deal, the Glass-Steagall Act regulating banks, and handed social media the gift of the Communications Decency Act of 1996, exempting them from the rules governing print and broadcasting.
In the years since Bill Clinton left the White House for a comfortable retirement, the New Democrats asserted control of the party, courting big donors with the pro-Wall Street policies resembling those of his second term. Their strategy uncannily mirrored that of Donald Trump’s Republicans by offering positions on social issues that appeased elements of the base while supporting economic policies benefiting corporate America. In their fight for the soul of the party, the New Democrats pulled no punches, blocking Sen. Bernie Sanders (I-Vt.) in 2016 and primarying 2026 opponents with the zeal of Donald Trump.
One lesson history teaches us is that if inequalities are allowed to fester, things can get very ugly.
Their biggest failure may be that in abandoning the level playing field principle, the New Democrats offered no substitute, save triangulation. Today most of us would stumble over trying to define the Democratic Party in one sentence, but one can easily do that for the Republicans—less taxes, less government. With the midterms six months away, this lack of a unified message already has the faithful worried.
The historical data missing from the autopsy and Martin’s explanations tells the story of what the ascension of the Wall Street Democrats has cost their party and the country. Since 2000, the Democrats have controlled the House only 4 out of 15 terms and the Senate only 6 out of 15. For only four years have Democrats held a majority of state governerships. Democratic presidential victories were anomalies. Barack Obama benefited from a record turnout of BIPOC voters. Joe Biden won because of the mishandling of Covid-19. Even allowing for gerrymandering and voter suppression, it appears clear that the Democratic Party has been in decline for some time.
Given the pro-Wall Street leanings of both parties, we should not be surprised that we have essentially been governed by a minority. Since 2000, the winning presidential candidate has only averaged 30.18% of the voting-eligible population. Today, only 27% of voters identify with either party, while 45% identify as independents. That is the lowest total ever for Democrats.
The numbers in various data and reports tell how the tilt of the playing field continues to widen. Although real total wealth has tripled since 1989, the share of the top 10% has increased from 63% to 72%, but the bottom 50% saw their share decline from 4% to 2%. Meanwhile, labor’s share of production has declined ominously. According to the St. Louis Federal Reserve, it fell from 64% in 2001 to 56% in 2023. During most of the 1950s and 60s it hovered around 60%.
Business concentration recalls the trusts that sparked such widespread discontent during the late 19th century. The best figures come from a study by the Democratic staff of the House Committee on Small Business that was mothballed after its release in December 2023—and goes unmentioned in the autopsy. Bristling with footnotes, the eye-opening Report on Competition in the Small Business Economy cites a Boston Federal Reserve study that shows the economy is 50% more concentrated today than in 2005. It goes on to state, “The dramatic increase in income and wealth inequality seen over the past four decades in the US can also be largely attributed to higher levels of concentration across industries.” Sounding like an outraged 1890 Farmers’ Alliance tract, the study paints a grim picture of today’s farmers: “From the seeds they plant, to the fertilizer in the soil to the machinery that allows them to make it all happen at scale, the price they pay at every step is at the whim of a handful of companies.”
Faced with similar conditions during the Gilded Age, discontented workers and farmers organized to press for the Sherman, Interstate Commerce, and Safety Appliance Acts; laid the groundwork for the 16th, 17th, and 19th amendments; initiated bureaus of labor statistics and factory inspections; and enhanced access to higher education. Because they feared both parties were the tools of tycoons, the discontented also formed new parties, of which the Greenbackers and Populists are the most notable. Most of all, in a flurry of civic engagement, they founded groups like the Grange, Knights of Labor, Women’s Christian Temperance Movement, and Farmers’ Alliance.
Whether today’s discontent will have a similar impact remains an open question. A good part of the answer will depend on whether people like Ken Martin continue to support the Wall Street wing of the party or realize what that support has cost in terms of lost elections and the increasing tilt of the playing field. What is clear is that the drastically tilted playing field has become extremely volatile. One lesson history teaches us is that if inequalities are allowed to fester, things can get very ugly. During the discontent of the Gilded Age, lynchings averaged 150 per year between 1881 and 1900, or one every 2.4 days. Another 1,400 people perished in riots, in the most violent three decades in our history. All of us can see and fear the growling, anvil-shaped clouds that threaten to darken our lives, as they did over a century ago.
Stay as far away as you can from this DNC report. Trust me.
After an extended pressure campaign, Democratic National Committee Chair Ken Martin finally agreed to release the DNC’s “autopsy report” on the 2024 election. It’s the first document I’ve ever read that would have been better if it had been written by AI. Martin himself said the report “does not meet my standards, and it won’t meet your standards.” That’s for damn sure. As we’ll see, however, that doesn’t let Martin off the hook.
I downloaded the document before reviewing my news feed, where I quickly learned that many like-minded people began exactly as I did: by searching for the word “Gaza.” Result? “Not found.” I then tried “Palestine.” Result? “Not found.” How about “Israel”? “Not found.”
These omissions are particularly striking since one activist group was told by report author Paul Rivera that DNC data showed that the administration’s support for the Gaza genocide was, “in their words, a ‘net-negative’ in the 2024 election.” Axios, which reported on that exchange, added that it “independently verified that Democratic officials conducting the autopsy believed the issue harmed the party’s standing with some voters.”
RootsAction was one of the groups pressing for the autopsy’s release, and co-founder Jeff Cohen called the document “almost worthless.” Cohen condemned the failure to mention “the Biden/Harris administration’s Israel policy that abetted the Gaza massacre,” Biden’s initial decision to run for re-election, and what he called Kamala Harris’ “lack of principles.”
Other words that can’t be found in the autopsy include “war,” “military,” “defense” (in the military sense), “peace,” “Medicare,” and “Social Security.” The report fails to address either the US’ runaway military spending or the ongoing attempts to undermine the country’s social contract.
The report’s only conceivable value will be for future anthropologists, who will find it provides considerable insight into the culture and folkways of the professional Democratic class. Its introduction reads like the kind of word salad a teenager might come up with when asked to write a 1200-word essay on a topic they forgot to study. There’s a lot of meandering, some restatements of the assignment, and a hastily looked-up quotation. Don’t read it unless you’re prepared to wade through prose like this:
... the voters decide which choice is most resonant. One party declares itself the winner, and the other party declares that the fight is far from finished.
Effective parties, understanding history rarely repeats itself, it does often rhyme, make it a point to study electoral outcomes after each cycle to identify potential improvements to every aspect of their campaigns. John Adams argued ‘"Liberty cannot be preserved without a general knowledge among the people, who have a right…and a desire to know."
Believe me, it doesn’t get any better from there.
The document is 192 pages long, but many of those pages are blank. The page called “Leadership Message”: blank. (Any comment about that would be like shooting fish in a barrel.) “Executive Summary”: blank. And so on.
The section entitled “Electoral Landscape” includes sentences like this: “We must organize everywhere to Win Anywhere”—which doesn’t make any sense. You don’t have to organize everywhere to win anywhere. And Democrats already win somewhere! Those “somewheres” are called “Blue States.” The problem is they have to win more “somewheres,” and you can’t win somewhere if you’re “everywhere”! You have to be there to win there!
The next sentence begins, “Winning Anywhere means providing for a renewed focus on the voters of Middle America and the South ...” Wait. One sentence ago we were everywhere. Now we’re in Middle America and the South, which happen to be two readily-identifiable somewheres.
That’s what consultant-speak will do to the human mind.
The document, perhaps unsurprisingly, praises the centrist Democratic orientation of the late 1980s and 1990s. But the same pro-corporate orientation contributed heavily to the party’s 2024 losses. That’s what you get what you call on a party to emulate the centrists’ “future-focused directive”—by adopting a 40-year-old strategy.
The report also states that “the DNC and ASDC (Association of State Democratic Parties) have conducted more than 1200 interviews to assess the health of our 57 state parties—in every state, district, or territory.” Where are those interviews?
Martin reportedly told DNC members that Rivera no longer “is with or advises the DNC in any capacity.” But the buck stops with the boss, not the consultant.
I get it; Martin has a tough job. But he campaigned for his position by promising an autopsy. When Rivera’s proved to be unusable, Martin was obliged to have it re-done. By failing to do so, he reneged on his campaign promise. In the meantime, a little transparency would have gone a long way toward avoiding the mess he now faces.
Don’t read the DNC document unless you’re a masochist or a journalist (provided there’s a difference between the two). Read this one instead. Stay far away from the DNC report. Trust me, you’ll “win somewhere” by being anywhere else."The DNC should select a new leader who demonstrates competence, creativity, moral clarity, and a relentless commitment to actually changing the broken Democratic Party brand.”
The disastrous release of the Democratic National Committee's 2024 election "autopsy" report on Thursday has brought about a reckoning for the committee's chair, Ken Martin, who is facing calls to resign from legislators and other influential figures in the party.
The 192-page report, written by strategist Paul Rivera in the wake of former Vice President Kamala Harris' loss to President Donald Trump, was panned as amateurish and incomplete, even more than 18 months after the election. Rivera was reportedly fired on Friday.
Aside from being filled with glaring spelling and factual errors and containing several unfinished sections and self-contradicting annotations, it neglected key issues widely believed to have contributed to the Democratic nominee's defeat: Most acutely, her continued backing of Israel as it perpetrated a genocide in Gaza, her inability to address working- and middle-class voters' concerns about affordability, and the shambolic attempt by former President Joe Biden to run for a second term despite his old age and his earlier indications he would serve for only four years.
Many Democrats now see it as a damning indictment of Martin, who was elected as DNC chair last year in part on promises to conduct a thorough and transparent review of the party's defeat. Not helping was his sudden pivot in late 2025 to attempt to bury the report he once championed, only releasing it this week after it leaked to CNN despite mounting pressure from party members.
On Friday morning, Axios quoted an ideological mix of Democratic legislators describing the report's release as the final straw for Martin.
"He should resign," Rep. Seth Moulton (D-Mass.) told Axios, citing "his lack of leadership" and saying it is "utterly nuts it took us this long to release the autopsy."
In a radio interview Thursday, Rep. Mark Pocan (D-Wis.) said in response to a caller who argued Martin should be replaced: "I agree... Having what we have right now is not doing it."
Rep. Marc Veasey (D-Texas) told Semafor that "there doesn't seem to be a plan to turn things around and the clock is ticking... I believe it's time for him to move on."
Despite a push by Martin's allies to arm state party chairs with talking points expressing that they are "fully confident in his leadership," NOTUS reported that inside private DNC group chats and one-on-one conversations, dissension is brewing, and there is even talk of forcing a vote of no confidence to oust the chairman.
"People feel gaslit" by Martin's flip-flopping, one unnamed DNC member told the outlet. "You kept telling people it was coming, then when you didn’t release it, you didn’t even tell everyone the real reason why.”
“While I don’t believe that there are enough votes to pass a vote of no confidence yet, I think there’s more of a permission structure now to have a more open conversation about it,” said another member who NOTUS described as an ally of Martin's. “If they think this is going to make things go away, no, this is only going to ramp up now.”
That's the hope of many in the party's grassroots, who said the entire saga demonstrated Martin's unfitness for a role with major responsibilities as Democrats head into existentially important elections in 2026 and 2028.
Dan Pfeiffer—a former Obama administration staffer whose Pod Save America podcast cohosts held Martin's feet to the fire as he fought to keep the autopsy hidden—called the release "a disaster of his own making."
"He didn’t pick a qualified person to run the autopsy. The fact that he was apparently shocked by the work product shows there was no oversight of the process," Pfeiffer said on social media. "Once he saw that the report was poorly done, he just decided to start lying to everyone about why it wasn't being released."
"In '28, the DNC will set the primary calendar, decide how delegates are awarded, sponsor the debates, and put on the convention," he said. "If no one trusts the DNC, it will be harder to unite the party around the eventual nominee."
Amanda Litman, the president of Run For Something, a group that recruits progressive candidates for office, said in a video posted to social media Thursday that putting together a report composed of "pure gibberish," without access to any of the underlying interviews or materials that buoyed its conclusions, called into question the DNC's ability to be "a fair, competent... conductor of the Democratic presidential primary."
"Ken Martin is not up to the task of being DNC chair—the most important part of which is preparing to run the presidential primary process with trust and competency—and should resign," she added on Friday.
David Hogg, who served as the DNC vice chair in 2025 before being pushed out by Martin over his efforts to support primary challengers against some entrenched party elders, said the autopsy saga was a "demoralizing joke" for the party.
In a release from his political action committee, Leaders We Deserve, Hogg said, "Martin should resign, and the DNC should select a new leader who demonstrates competence, creativity, moral clarity, and a relentless commitment to actually changing the broken Democratic Party brand."