In the 35 years since Ronald Reagan became President, we've seen a steady erosion in the attention political leaders have given to the economic and political concerns of the working class. From the dramatic decline of union membership to the excessive deregulation of Wall Street; from trade deals that enrich multinational corporations but not American workers to a lack of antitrust enforcement that's allowed near-monopolies in too many sectors; from a lack of significant wage increases for all but the top 10% of Americans to ever-escalating inflation in the costs of health care, groceries and college, our political system breakdown and our persistent 'trickle down' sense of economics have combined - and conspired - to weaken the well-being of most American working people and retirees.
And now they're angry, in ways that once hardly seemed imaginable.
A ridiculous huckster and nativist named Donald J. Trump is only days away from officially being the Republican Party nominee for President. And in the United Kingdom, Brexit has just validated that working class anger isn't only an American phenomenon and concern.
No comments:
Post a Comment