If the American middle class collapses, the first order of the day will be assigning blame and settling scores. This is a task that the right is much better prepared to do than the left, simply because the right controls the corporate media/propaganda apparatus – and with it the social narrative and the conventional wisdom. You can bet that, instead of trying to fix problems or help ordinary people, the right will redouble its normal scapegoat patrol. This is presaged in their incessant screaming of “socialism” – in homage to obsolete “red scare” tactics – such as the Palmer Raids of the 1920s and the McCarthy witchunts of the 1950s, which really took off with the loss of China.
When the Chinese Communists declared victory in 1949, an immediate outcry asked “Who lost China?”…Senator Joe McCarthy expanded these accusations…
– Wikipedia China Hands
The irony in my not-unlikely blame-casting scenario is that the roles are now reversed. A corrupt American government is totally dependent on a lifeline of Communist Chinese loans and trade imbalances. As we shall see, America is at risk today for the same reasons Nationalist China was.