Change

As the Trump revolution gets underway, it is time for a review of how we got here. It began at the end of WW 2 with the formation of the United Nations followed closely by NATO. The 50-year cold war signaled a change in the world order with the US being at the top of the heap. As the battle between communism and capitalism took hold, technology led the way to automation and increased productivity. The next step was the movement of industrial jobs to lower wage markets like China. As manufacturing moved out the service economy filled the gap and this opened the door to the modern American financial business. This brought low inflation and low prices for imported consumer goods but it was a death blow to good paying manufacturing jobs in the US and Europe. While the wealthy people and large corporation saw their fortunes rise the working people saw their wages stagnate. Companies began moving over seas and taking the jobs with them. Our country has suffered from rising income inequality and chronically slow growth in the living standards of low- and moderate-income Americans. This disappointing living-standards growth—which was in fact caused by rising income inequality—preceded the Great Recession and continues to this day. The policies of Biden, American First and Trump make America Great, have attempted to reverse this trend and those who have profited from the global economy are fighting against these changes.