Following the 2014 midterms, having gained a complete congressional majority, the GOP says it has a mandate.
The two-party system has mechanically solved for “X” (conforming consent) and its existence is legitimately identified, conforming to the numbers, on demand.
What is at stake is a conforming identity that attributes the value of the outcome. It appears that the conforming consent is the identity of the voters but, instead, the identity of the numbers conforms to elite identity like Ayn Rand says it always does, naturally yielding to the consent of the governed.
What Rand is referring to is a confirmed conformity.
Not conforming to elite demands yields sub-optimal capital spending, unemployment, and sub-optimal distribution of income. On the other hand, conforming to elite demands also yields deflation. Changing the stakes is a function of which is marginally worse, conserving core values that determine the distribution of income.
Distribution of income measures the confirmation and determines the stakes, anchoring-in the probable alternative.
Alternatives are governed at the margin. When there is a deflationary trend there is more government spending to prevent the trend becoming a crisis proportion that dramatically changes the stakes. The ensuing inflationary trend adds to the supply of money, which is pulled (convects) to the top income class. The rich still get richer and everybody else gets marginal relief, which is enough to keep the stakes from changing too much.
With improving economic conditions, expectations rise. To keep the American Dream just a dream, the identity of rising expectations gains an anti-inflationary agenda, like we have now, promising more purchasing power with less government and lower taxes. Consent appears to conform to the identity of the voters but, instead, the mandate conforms to elite identity (lower taxes at the top) like Ayn Rand says it always does, applying elite identity to the consent of the governed, effectively conserving the stakes (a regressive burden of rents) in the form of an apparent “natural identity.”