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Here's a relevant chunk:
Nixon’s reconfiguration brought together “polar opposites among white Americans,” Lilly noted. The traditional wing of the party— “country club” Republicans, who include corporate leaders, financiers and investors—became partners with poor, rural, church-going voters, among them the Southern “segs” who had previously always voted for Democrats. Black Southerners didn’t count in the equation, since they were still mostly being blocked from voting.
After Congress enacted the 1964 Civil Rights Act, Lyndon Johnson confided to a White House aide, “I think we just delivered the South to the Republican Party for a long time to come.” Nixon’s new Republicans became a formidable national party, Lilly explained, but they always straddled the tension between rich and poor.
“The problem,” Lilly said, “is that this latter group has almost nothing in common with the country club wing.… The country clubbers don’t care about prayer in the public schools, gun rights, stopping birth control, abortion and immigration.” On the other hand, common folks don’t worry over marginal tax rates, capital formation, or subsidies for major corporations.
“If they ever fully understood that their more prosperous party brethren were contemplating deep cuts in Medicare and Medicaid to pay for those policies, they would be in open rebellion,” Lilly observed.