Which is a too-long way of saying, no I don't think we're materially on the road to fascism.

You may be right.

But we do seem to be on the road to a failed democracy.

Meritocracy in the civil service is being destroyed, to be replaced by incompetents with the one quality Trump values: loyalty to him. Corruption is rampant. Congress and the Supreme Court have failed to effectively restrain Trump's authoritarian impulses. Wealth distribution gets ever more extreme and the middle class is hollowed out, leaving power mostly in the hands of the oligarch class who seem to have no particular loyalty to anything but the power they are able to wield in pursuit of their self interest.

So, I agree with you...we may not be 'materially on the road to fascism', but we do seem to be heading for something almost as bad. At this point, it is hard to see how the trend is reversed.