‘The American Dream Is Not Dead’: With Michael Strain

Both political parties frequently argue that the American dream is in peril. They say hard work does not pay off, wages have been stagnant for decades, the middle class is shrinking, the US is no longer upwardly mobile. In their minds, the game is rigged, but not by them. Instead, populist frustration says some “other” — the elites, the rich, immigrants, or China — is to blame for today’s economic outcomes.

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