From stagnant wages and rising prices to widening inequality, the economic forces behind voters’ growing discontent reveal a deeper, decades-long problem.
How Federal Reserve policies, the recession they triggered, and broader political and economic changes weakened workers’ power and helped usher in an era of extreme inequality.
Ellen Mutari teaches quantitative reasoning at Richard Stockton College and is a Dollars & Sense Associate. Deborah M. Figart is a professor of economics at Richard Stockton College.