TRNN: Obama's Economic Legacy: Recovery for the Architects of Financial Crisis
Underpinning people's rage towards the establishment is the sense that modern capitalism is no longer working, says economist Richard Wolff . For working people in the United States, the last 10 years have been very, very bad. And what's worse is they come on top of the previous 20 years, when they weren't very good either -- which is why the gap between rich and poor has gotten so much more extreme...it's why the predictions that Mr. Obama's successor, Mrs. Clinton, would win the election, that assumption was destroyed. And, in large part, it was because the reality of what has happened to working people's situation turned them against the Democratic Party, made them leave the Democratic Party, and particularly the central wing, the Clinton wing.
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