My reply to this post, which was deleted by Cowen.
This is clearly not Tyrone, just Tyler being his old clueless self.
Let me tell Tyler what happened.
*NATO caused the migrant crisis.
*SJWs took over the New York Times and the rest of the media.
*Obama egged on the rioters in Ferguson
*The E.U. began to suck.
Trump isn’t really bringing up the issues of 2015 America. He’s bringing up the issues of 1992 America. At that time, outsourcing and illegal immigration really was a huge deal, and were, unlike today, happening rapidly. But America’s present situation is pretty sucky, as it was in 1992, and the effects of immigration and outsourcing (weak or no manufacturing employment recoveries) have become more widely seen, so the issues resonate.
The park bench socialist never had a chance, and is just your typical Principled Elderly Gentleman -like a Ron Paul of the Left. Unlike Trump, his support isn’t correlated with unemployment or low income.
And there are actually plenty of Bernie sisters.
“It also avoids the weaknesses of purely economic explanations, because right now the labor market in America just isn’t that terrible.”
-Look at the percentage of unemployed over 27 weeks. It’s not extremely bad, but definitely a cause for concern.
This is not an age of disruption, as the 2003-2007 era was. It’s an age of stagnation. Global interconnectedness works in an alliance against a common foe or in an age of common prosperity. The present situation has neither.
“Nor did the bad economic times of the late 1970s occasion a similar counter-reaction.”
-And Reagan and Thatcher were what? Non-entities? “Let’s Make America Great Again”? Hello, Tyler, anyone there?
Wages aren’t stagnant; they’re soaring. It’s weak compensation, weak productivity, and high-ish long-term unemployment among the unemployed.
Immigration is important.
This is Ray’s reply to me, BTW: