As long as the Dems keep glossing over the worsening K-shaped economy, and talking past the pain that the majority of middle-America is feeling - they’re going to continue to lose the working class to apathy and the GOP.

It doesn’t matter if wages nationally ‘went up” $1b, if it all went to like 3 people, and everyone else’s wages stagnated or went down.

Todd in particular deserves a lot more attention/subscribers/success given how long he’s been around, and just how much content he’s released.

Chart taken from Investopedia’s article on K-shaped Recovery; but the underlying principle is the same: Some parts of the economy are performing so well that it masks the other sectors which are struggling.

i.e. the rich are getting so much wealthier, that when looking at the overall average the number is trending positively and not showing that the rest of society is getting poorer. This is one of the reasons when using aggregate measures, the median value is significantly more valuable than the average.

It basically happens every cycle, easy to go back all the way to George Bush Sr -> Clinton ( if not earlier).

But the problem is, the current economic boom is even more K-shaped than any other in recent history; half of the population are struggling worse than before, but their plight is masked by an incredible boom for the other half.

I can’t blame the working class for thinking back to ~2016, and remembering things fondly.

Trump will only make the current situation worse, but I can at least understand how the US ended up in its current predicament.