". . . “Socialism for the rich and capitalism for the rest” — a variation on a theme popularized in the 1960s — happens, explains Sharma (Ruchir Sharma, chief global strategist at Morgan Stanley Investment Management) when government intervention does more to stimulate the financial markets than the real economy. So, America’s richest 10 percent, who own more than 80 percent of U.S. stocks, have seen their wealth more than triple in 30 years, while the bottom 50 percent, relying on their day jobs in real markets to survive, had zero gains. Meanwhile, mediocre productivity in the real economy has limited opportunity, choice and income gains for the poor and middle class alike. . . "
Precisely what blue-collar 'conservatives', who think politicians (like 45, McConnell, etc) are actually working for THEM, do not understand!
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