Neoliberalism + Ignorance Handed Trump the Votes

[R]eal wages for male workers are about at 1960s levels while spectacular gains have gone to the pockets of a very few at the top, disproportionately a fraction of 1%. Not the result of market forces, achievement or merit, but rather of definite policy decisions, matters reviewed carefully by economist Dean Baker in recently published work.

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Through the periods of high and egalitarian growth in the '50s and '60s, the minimum wage -- which sets a floor for other wages -- tracked productivity. That ended with the onset of neoliberal doctrine. Since then, the minimum wage has stagnated (in real value). Had it continued as before, it would probably be close to $20 per hour. Today, it is considered a political revolution to raise it to $15.

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Apart from wages, benefits and security, there is a loss of dignity, of hope for the future, of a sense that this is a world in which I belong and play a worthwhile role.

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According to current information, Trump broke all records in the support he received from white voters, working class and lower middle class, particularly in the $50,000 to $90,000 income range, rural and suburban, primarily those without college education. These groups share the anger throughout the West at the centrist establishment, revealed as well in the unanticipated Brexit vote and the collapse of centrist parties in continental Europe. [Many of] the angry and disaffected are victims of the neoliberal policies of the past generation, the policies described in congressional testimony by Fed chair Alan Greenspan -- "St. Alan," as he was called reverentially by the economics profession and other admirers until the miraculous economy he was supervising crashed in 2007-2008, threatening to bring the whole world economy down with it. As Greenspan explained during his glory days, his successes in economic management were based substantially on "growing worker insecurity." Intimidated working people would not ask for higher wages, benefits and security, but would be satisfied with the stagnating wages and reduced benefits that signal a healthy economy by neoliberal standards.

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The "change" that Trump is likely to bring will be harmful or worse, but it is understandable that the consequences are not clear to isolated people in an atomized society lacking the kinds of associations (like unions) that can educate and organize.

  Noam Chomsky

...but hey, do what you want...you will anyway.