Trump’s economy is leaving his right-wing base stranded in poverty — and it’s only going to get worse

Robert Reich

Robert Reich Former U.S. Secretary of Labor, Professor at Berkeley

You’ve heard me talk about inequalities of income and wealth and political power. But another kind of inequality needs to be addressed as well: widening inequalities of place.

On the one hand, booming mega-cities. On the other hand, an American heartland that’s becoming emptier, older, whiter, less educated, and poorer. Trump country.

To understand what’s happening you first need to see technology not as a thing but as a process of group learning – of talented people interacting with each other continuously and directly, keying off  each other’s creativity, testing new concepts, quickly discarding those that don’t work, and building cumulative knowledge.

This learning goes way beyond the confines of any individual company. It now happens in geographic clusters – mostly along the east and west coasts in places like Seattle, San Francisco, Los Angeles, New York, Boston and suburban Washington D.C.

Bright young college graduates are streaming into these places, where their talents generate more value–and higher wages–together than they would separately.

As money pours into these places, so do service jobs that cater to the new wealth – lawyers, wealth managers and management consultants, as well as cooks, baristas and pilates instructors.

Between 2010 and 2016, according to Brookings, nearly half of America’s employment growth centered in just 20 large metro areas that are now home to about a third of the US population.

One consequence is a more distorted democracy. California, now inhabited by almost 40 million people, gets two senators – as does Wyoming, with just 579,000.

Even though Democratic Senate candidates in the 2018 midterm elections received 18 million more votes than Republican Senate candidates, Republicans still gained 2 more Senate seats.

A second consequence is turbo-charged gentrification in these mega-urban clusters, creating growing populations of poor who have been stranded.

These gleaming cities are becoming the most Dickensian locales in America, with homelessness and squalor among luxury high-rises and trendy restaurants.

So as the American middle class disappears, the two groups falling most perilously behind are white, rural, non-college Trump supporters, and the very poor inside America’s trendiest mega-urban centers, who are disproportionately black and Latino.

This inequality is unsustainable. It’s literally tearing America apart.

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Reposted from AlterNet

Robert Reich served as the nation’s 22nd Secretary of Labor and now is a professor of public policy at the University of California at Berkeley. His latest book, Aftershock: The Next Economy and America’s Future, is now in bookstores. His earlier book, “Supercapitalism,” is out in paperback. For copies of his articles, books, and public radio commentaries, go to www.RobertReich.org.

Posted In: Allied Approaches

Union Matters

He Gets the Bucks, We Get All the Deadly Bangs

Sam Pizzigati

Sam Pizzigati Editor, Too Much online magazine

National Rifle Association chief Wayne LaPierre has had better weeks. First came the horrific early August slaughters in California, Texas, and Ohio that left dozens dead, murders that elevated public pressure on the NRA’s hardline against even the mildest of moves against gun violence. Then came revelations that LaPierre — whose labors on behalf of the nonprofit NRA have made him a millionaire many times over — last year planned to have his gun lobby group bankroll a 10,000-square-foot luxury manse near Dallas for his personal use. In response, LaPierre had his flacks charge that the NRA’s former ad agency had done the scheming to buy the mansion. The ad agency called that assertion “patently false” and related that LaPierre had sought the agency’s involvement in the scheme, a request the agency rejected. The mansion scandal, notes the Washington Post, comes as the NRA is already “contending with the fallout from allegations of lavish spending by top executives.”

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Corruption Coordinates

Corruption Coordinates