Good explanation of Trump- <\/p>\n\n\n\n
Carnoy argued that \u201clarge blocs of the U.S. population have not been swept up in the economic growth of the past 40 years, which has largely enriched the top 1 percent of income earners.\u201d Blame Ronald Reagan, he added, \u201cbut also blame Democrats, who left this political space to the very Republicans that created it.\u201d <\/p>\n\n\n\n
While Democrats failed to compete for this space, Carnoy contended that \u201cTrump figured out in 2015 that he could continue to help the rich (including himself) economically through traditional tax reduction policies \u2014 stoking inequality \u2014 and simultaneously enthuse the forgotten by throwing rich red \u2018victim identity\u2019 meat to this bloc of white (and Hispanic) working class voters.\u201d <\/p>\n\n\n\n
\u202f<\/strong>Thomas B. Edsall<\/strong> <\/strong>NYT <\/p>\n","protected":false},"excerpt":{"rendered":" Good explanation of Trump- Carnoy argued that \u201clarge blocs of the U.S. population have not been swept up in the economic growth of the past 40 years, which has largely enriched the top 1 percent<\/p>\n