4 ms·
It goes deeper than this but yes this is the right track. The US is a wildly inequal society. Each year it becomes more and more inequal and the latest tax cut
by dnomad 9y ago
It goes deeper than this but yes this is the right track.
The US is a wildly inequal society. Each year it becomes more and more inequal and the latest tax cuts are going to dramatically accelerate the rising inequality.
Such widespread inequality has powerful knock-on effects and these effects are converging on these young (likely rural) males. Everything from suppressed wages to supressed business formation to extraordinary economic rents (housing, healthcare) all come together to produce more losers and less (but richer) winners.