What happens to the working class when millionaires and billionaires are in charge

President-elect Donald Trump was propelled into office largely due to a campaign message that promised to lift up working-class people and restore America to its former greatness. Yet, since the election, he has begun assembling the wealthiest Cabinet in modern American history, featuring corporate chief executives, millionaires and billionaires, and […] Read more »

Americans Expect Economic Improvement in a Deeply Divided Country

After the bruising 2016 campaign, Americans are broadly optimistic that Donald Trump’s election will invigorate the economy but fearful that it will further divide the nation along lines of class, race and party. While a solid three-fifths of American adults indicated that as a result of the election they expect […] Read more »

Top Earners Back Clinton in Bloomberg Poll After Decades With GOP

Higher-income voters are narrowly supporting Democratic presidential nominee Hillary Clinton in another sign of how the 2016 presidential race is fracturing traditional voting blocs. In a two-way contest, Clinton beats Republican Donald Trump 46 percent to 42 percent among likely voters with annual household incomes of $100,000 or more, the […] Read more »

How Falling Behind the Joneses Fueled the Rise of Trump

… Trump’s white working class supporters — who provide somewhere between 58 and 62 percent of his votes, according to data from NBC and ABC polls — have suffered a stunning loss of relative status over the past 40 years. Their wages have stagnated or declined; the ascendance of minorities […] Read more »

How the Other Fifth Lives

… The “truly advantaged” wing of the Democratic Party – a phrase coined in this newspaper by Robert Sampson, a sociologist at Harvard – has provided the Democratic Party with crucial margins of victory where its candidates have prevailed. These upscale Democrats have helped fill the gap left by the departure […] Read more »