Trumped! Why It Happened And What Comes Next- David Stockman

First there were seventeen. At length, there was one

c07c45_61a2c43deb564d6fa3857650cbe3858fThe Donald’s patented phrase that “we aren’t winning anymore” is striking a deep nerve on main street. But that is not on account of giant trade deficits or a faltering foreign policy and failed military adventures per se.

Indeed, it has very little to do with any patriotic impulse with respect to America’s collective polity, and everything to do with voter perceptions that they personally are not winning economically anymore, either.

What is winning is Washington, Wall Street and the bicoastal elites. The latter prosper off finance, the LA branch of entertainment (movies and TV), the SF/technology branch of entertainment (social media) and the great rackets of the Imperial City—including the military/industrial/surveillance complex, the health and education cartels, the plaintiffs and patent bar, the tax loophole farmers and the endless lesser K-Street racketeers.

-Trumped Why It Happened And What Comes Next Part 1

Source: Trumped! Why It Happened And What Comes Next, Part 1 | David Stockman’s Contra Corner