REVENGE OF THE OLIGARCHS: The Great Betrayal of Middle America

REVENGE OF THE OLIGARCHS
The Great Betrayal of Middle America

The people who wanted Donald Trump to halt the rule of their “betters” are having a rude awakening.

JOEL KOTKIN
06.03.17 1:00 AM ET

America’s vast midsection, a region that has been hammered by globalists of both parties, has been abandoned by the great corporations that grew fat on its labor and resources.

To many from the Appalachians to the Rockies, Donald Trump projected a beacon of hope. Despite the conventional wisdom among the well-heeled of the great coastal cities, these resource and manufacturing hubs elected the new president.
Yet barely six months after his election, Trump is emerging as the latest politician to betray middle America.

Some of this is his awful management and communications style, which may well leave the country frozen until it is returned to the care of the coastal hegemons, tech oligarchs, high-level bureaucrats, academics, and media elitists whose views of the Heartland range from indifferent to hostile. The rise of China may have been a convenient source of cheap labor and more recently investment capital and lots of full load tuitions for universities, but according to the left-leaning Economic Policy Institute, our deficit cost the country 3.4 million jobs, most in manufacturing.

Trump’s trade rhetoric, like that of Bernie Sanders, excited the people and communities affected by these policies, but it remains questionable whether his own voters will benefit from his regime. Certainly the president’s tax proposals have been tailored to appeal to his billionaire friends more than the middle class. His health care reforms failed to prioritize those who feel threatened by loss of coverage, however much they gripe about the inanities of Obamacare.

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