In America, business is doing well. Investors are doing well. And workers, for decades, have gained almost nothing. There is a very simple solution: share the profits.
The good news: our relatively strong economy helped to raise wages for everyone in 2016. The bad news: this is a mere blip in the context of overall inequality. And it’s likely to get worse.
No need to just guess how different our worldview (the smart ones) is from the others (dumb, bad people). There are numbers—awful, awful numbers.
One of the many terrifying aspects of having Donald Trump as president is that he, like all children, is very easily persuaded. Single meetings and conversations can shape his entire, pliable worldview. The wolves of corporate America know what easy prey looks like.
To all the Wall Street titans, billionaires, and run-of-the-mill rich people who are celebrating the ascendance of Donald Trump to the White House: please keep this one piece of context in mind.
The bare fact will not surprise you: Many of our country’s young men fritter away potential work hours by enjoying fun leisure activities instead. Nor is it especially news that more men do this more often than they did even a decade ago—we’ve had a recession in the interim, after all. What is odd is how precise the…