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Labor unions and others join Occupy Wall Street during a march to protest against Wall Street and economic inequality in Lower Manhattan, New York. (Photo: Craig Ruttle/AP)
President Donald Trump frequently claims the U.S. economy is "booming" and "better than ever," but most Americans aren't buying it.
According to a Washington Post/ABC News survey released Monday, 62 percent of U.S. adults believe the "economic system mainly benefits those in power rather than all people."
Breaking down the numbers by party affiliation, the poll found that 82 percent of Democrats, 68 percent of independents, and 34 percent of Republicans think the fruits of the American economy are flowing primarily to the top of the income distribution.

Economic data appear to support the majority's view.
As the Houston Chronicle reported last week, citing data from the Bureau of Labor Statistics, "median earnings of workers hardly budged in the first quarter of 2019, compared to the same quarter last year."
According to the Economic Policy Institute (EPI), the average worker bonus in 2018 "was just $0.01 higher than in 2017," contradicting Trump's claim that his $1.5 trillion in tax cuts would substantially reward the working class.
Massive corporations and rich Americans, by contrast, have seen their profits and pay soar thanks to Trump's tax plan, which remains deeply unpopular.
"President Trump's strongest case for reelection remains the country's healthy economy, but the potency of that issue for him is complicated by a widespread belief that the economy mainly benefits people already in power," the Post's Seung Min Kim and Scott Clement reported Monday.
Most Americans also feel that the U.S. political system is skewed to reward the powerful--72 percent of U.S. adults believe the American political system "works to benefit those in power" rather than "all people," the Post/ABC survey found.

This country and this world are at a monumental crossroads. US voters have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. If you share our vision, please contribute whatever you can to sustain our work. |
President Donald Trump frequently claims the U.S. economy is "booming" and "better than ever," but most Americans aren't buying it.
According to a Washington Post/ABC News survey released Monday, 62 percent of U.S. adults believe the "economic system mainly benefits those in power rather than all people."
Breaking down the numbers by party affiliation, the poll found that 82 percent of Democrats, 68 percent of independents, and 34 percent of Republicans think the fruits of the American economy are flowing primarily to the top of the income distribution.

Economic data appear to support the majority's view.
As the Houston Chronicle reported last week, citing data from the Bureau of Labor Statistics, "median earnings of workers hardly budged in the first quarter of 2019, compared to the same quarter last year."
According to the Economic Policy Institute (EPI), the average worker bonus in 2018 "was just $0.01 higher than in 2017," contradicting Trump's claim that his $1.5 trillion in tax cuts would substantially reward the working class.
Massive corporations and rich Americans, by contrast, have seen their profits and pay soar thanks to Trump's tax plan, which remains deeply unpopular.
"President Trump's strongest case for reelection remains the country's healthy economy, but the potency of that issue for him is complicated by a widespread belief that the economy mainly benefits people already in power," the Post's Seung Min Kim and Scott Clement reported Monday.
Most Americans also feel that the U.S. political system is skewed to reward the powerful--72 percent of U.S. adults believe the American political system "works to benefit those in power" rather than "all people," the Post/ABC survey found.

President Donald Trump frequently claims the U.S. economy is "booming" and "better than ever," but most Americans aren't buying it.
According to a Washington Post/ABC News survey released Monday, 62 percent of U.S. adults believe the "economic system mainly benefits those in power rather than all people."
Breaking down the numbers by party affiliation, the poll found that 82 percent of Democrats, 68 percent of independents, and 34 percent of Republicans think the fruits of the American economy are flowing primarily to the top of the income distribution.

Economic data appear to support the majority's view.
As the Houston Chronicle reported last week, citing data from the Bureau of Labor Statistics, "median earnings of workers hardly budged in the first quarter of 2019, compared to the same quarter last year."
According to the Economic Policy Institute (EPI), the average worker bonus in 2018 "was just $0.01 higher than in 2017," contradicting Trump's claim that his $1.5 trillion in tax cuts would substantially reward the working class.
Massive corporations and rich Americans, by contrast, have seen their profits and pay soar thanks to Trump's tax plan, which remains deeply unpopular.
"President Trump's strongest case for reelection remains the country's healthy economy, but the potency of that issue for him is complicated by a widespread belief that the economy mainly benefits people already in power," the Post's Seung Min Kim and Scott Clement reported Monday.
Most Americans also feel that the U.S. political system is skewed to reward the powerful--72 percent of U.S. adults believe the American political system "works to benefit those in power" rather than "all people," the Post/ABC survey found.
