Saturday, February 13, 2016

"Trump, in Other Words, Has Become the Unlikely Tribune of the White-Working Class"

"Now, when you add it all up, it turns out that nobody has done worse the past 30 years than the working-class in countries like the United States, United Kingdom, and France. Their inflation-adjusted incomes actually fell over this period. It was the richest people in the richest countries and, even more so, middle-class people in emerging-market countries who did the best. China, though, really belongs in a category all its own here. It's that bump all by itself in the middle.
"This chart is really a Rosetta stone for politics today—and not just in the U.S. Almost every rich country has their own anti-trade, anti-immigrant party."

Matt O'Brien at The Washington Post presents what "May Be the Most Important Chart for Understanding Politics Today."

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