JOEL KOTKIN: AMERICA’S CLASS WAR IS JUST BEGINNING. “The biggest loser in early twenty first century America has been the working class. With the exception of wage gains made during the first three years of the Trump Administration, this class has seen its real income decline. Today, wages are rising again, but inflation is reducing real incomes, and leaving more Americans, particularly the poorest 50 percent, struggling to make ends meet. The pandemic lockdowns, whether justified or overwrought, have pummeled low-income workers and made more vulnerable those living in crowded housing. Under lockdown the working class could not retreat, like the laptop class, to their computer screens. . . . In our pandemic apartheid almost 40 percent of those Americans making under $40,000 a year lost their jobs in the first few months. Some 44 percent of Black households and 61 percent of Latino household, notes Pew, during the first year of the pandemic suffered a job loss or pay cut, compared to 38 percent of whites. ‘Lockdown fanatics,’ thunders the widely circulated ‘labor populist’ blog The Bellows, ‘have helped manufacture consent for a brutal reorganization of labor that will plunge millions of people into serfdom.'”
Plus: “The working class may have suffered the most in the past decades, but the angriest class in America may be the small business and property-owning class that long stood as a critical part of our national ethos.”
Flashback: America’s elites are waging class war on workers and small biz. “Lockdowns — where the laptop class stays home while working-class people bring them stuff — were enacted in many states. States that had them did no better, and often worse, than states that did not. This became obvious early but resulted in no change of policy. . . . So is it fair to call the overclass response to the pandemic a failure? Well, certainly not for the overclass, whose members are richer, more powerful and more secure in their positions than a year ago. For America? Well, that’s another story.”
Related: The rich and powerful thrived as the rest of us suffered in the year of lockdowns.