Revolt Of Working Class Voters

In my local community, I’ve heard many explanations, often seasoned with a teaspoon of blame, on how and why Donald Trump prevailed in this week’s presidential election.

White people elected Trump!

Or, men elected Trump!

Or, small-town and rural America defeated the big cities.

Or even, less-educated voters — those without a college degree — elected Trump.

In my opinion, it is more accurate to say that the neglected, aggrieved working class revolted against the Democratic Party and against the perceived elites. Continue reading

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The Big JOBS Plan: What is Possible? What is the Goal?

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The mob is clamoring for a big, definitive “plan” to “create” JOBS.

The problem is, we are all yearning for a return to the prosperity and good jobs of the 1950s. A return to Middle-class America. That model of American prosperity lasted for a half-century, even as it was eroding away. That model lasted through the inflating 1970s, the greedy 1980s and the bubbling 1990s.

The middle-class model of America, with good-paying jobs all around — it’s over. We aren’t going back to the 1950s. It’s impossible. That’s where President Barack Obama’s JOBS plan has got to start.   Continue reading