Trump and the Triumph of America’s New Elite

Bloomberg November 20, 2024 Link

Intro:

A future historian looking back at the social and economic trends of the past decade might be struck by how thoroughly dysfunctional the most powerful nation of Earth has become. Despite extraordinary technological change and respectable economic growth, the well-being of most Americans has been declining. Even many of the winners are deeply anxious about being able to pass success on to their children. And we’ve run up an unsustainable public debt, with no solution in sight.
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