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.
William E. Spriggs is a senior fellow with the Economic Policy Institute and was formerly the executive director of the National Urban League Institute for Opportunity and Equality.
