How the Establishment Got 2016 So Wrong

Leonard Steinhorn: “And here’s why: the economic and social wreckage wrought by the Great Recession of 2007-2009, which flat lined the lives and aspirations of so many, barely registered on the lifestyle Richter scale of media and political heavies.”

“Some of these elites may have seen their bull market portfolios or 401(k) plans dip, and for those trying to sell vacation homes they saw demand soften a bit. But as economic growth recovered so did their assets, and for the most part the recession to them was a talking point, a dinner party topic.”

“Not so for the vast majority of Americans. The recession’s economic pandemic may have caused the establishment only seasonal sniffles, but it has had an ongoing, debilitating, and personal impact on working and middle class Americans. And to young people raised to believe in a buoyant America and bigger future, a pinched economy is all they have known.”