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

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