Tag: 1972

It really doesn’t get any clearer than the chart below. The average working stiff brings home $100 less per week in real terms than they did in 1972. Meanwhile, the price of everything they need to live their daily lives (rent, home prices, cars, food, energy, medical, tuition, taxes, clothing) has gone up exponentially. The ruling class (bankers, politicians, corporations, oligarchs) have convinced millions to utilize their easy money debt to make up the difference. Replacing earnings with borrowing is good for the establishment and bad for you. It seems millions are starting to awaken from their stupor and are pissed off at the perpetrators of this crime. They are flocking to Trump, not because he’s like them or has a clear plan to help them, because they believe he is the destroyer of their enemy establishment. Whether Trump can reverse the chart below is yet to be seen.