Tornado Alley (PROG)

[12yearplan]

Sorry for the late reply; .. from your two links and thanks..
 
Summary.
 
Since the early 1970s, hourly inflation-adjusted wages received by the typical worker have barely risen, growing only 0.2% per year. Assigning relative responsibility to the policies and economic forces that underlie rising inequality or declining labor share is a challenge. International trade and technological progress have played significant roles, putting downward pressure on the wages of low-skilled workers. We also know that educated workers have fared better; the wages received by those who finished their education with a four-year college degree grew from 134% of high school graduates’ wages to 168%. Domestic policy choices have mattered too, especially because they have affected workers’ bargaining power and the allocation of wages across different workers. The wage stagnation of the past 40 years is also linked to some developments that may have suppressed productivity growth, which has slowed since 1973. Business dynamism also fell. It will take many incremental reforms and new policies to reestablish the conditions that support robust, broadly shared wage growth.
 
.. and, summary of the second link
 
The key economic policy question is whether we will adopt policies that enable everyone to participate in a shared prosperity, or whether the growth of income and wealth will continue to accrue excessively and disproportionately to the best-off 1 percent.
 
Ok, this all seems straight forward enough, no economic voodoo req'd.
 
By way of your links it seems you are connecting the villan in your point the elites to these one percenters and i assume those in gov't their fascilitators ie why the electorate voted for a wholesale change.. ummm.. Trump was in office for four years - can we identify any substantive changes that corrected for the above?. Like spike in wage growth for those disenchanted and disenfranchised voters?..
 
Oh, here it is .. and spelled out so we can directly look at Trump admin and Dems to see who did what:
 
The first policy choice should be to quickly restore full employment. The Federal Reserve Board can do this by not raising interest rates and slowing the recovery in the name of fighting inflationary pressures until wage growth is much, much stronger. Congress and the president can pursue the return to full employment by making public investments that can create both jobs and future productivity growth. After this, policymakers should support those labor standards that can restore some bargaining power to low- and moderate-wage workers in coming years. That means policy actions such as passing a higher minimum wage, expanding rights to overtime pay, providing paid sick leave, protecting the labor rights of undocumented workers, and restoring the right to collective bargaining. Policymakers should reject trade treaties that provide corporations greater rights and sap our manufacturing job base.
 
The majority of Americans share in economic growth through the wages they receive for their labor, rather than through investment income. Unfortunately, many of these workers have fared poorly in recent decades.............................
 
It took many factors — some the result of deliberate policy choices, some the outcome of broad economic processes — to produce decades of wage stagnation for the typical worker. Similarly, it will take many incremental reforms and new policies to reestablish the conditions that support robust, broadly shared wage growth. There is no single wage growth panacea, but many policies would help, including: raising the minimum wage; increasing worker bargaining power (including by reducing non compete contracts or collusion among firms); ensuring adequate labor demand through looser fiscal or monetary policy; increasing dynamism through pro-mobility or entrepreneurship policies; and making broad improvements to education or productivity policies. Given the longstanding trends and limited improvements in living standards for many workers, taking action to increase wage growth is one of the most important policy imperatives we face.

Sorry, doesn't sound like the Trump I know. More like Bernie or AOC.