TY  - BOOK
AU  - Franko, William W.
AU  - Witko, Christopher
TI  - The new economic populism: how states respond to economic inequality
SN  - 9780190671013
U1  - 339.220973 
PY  - 2018///
CY  - New York
PB  - Oxford University Press
KW  - Income distribution
KW  - United States - Economic
KW  - Government liberalism
N2  - Donald Trump's 2016 victory shocked the world, but his appeals to the economic discontent of the white working class should not be so surprising, as stagnant wages for the many have been matched with skyrocketing incomes for the few. Though Trump received high levels of support from the white working class, once in office, the newly elected billionaire president appointed a cabinet with a net worth greater than one-third of American households combined. Furthermore, he pursued traditionally conservative tax, welfare state and regulatory policies, which are likely to make economic disparities worse. Nevertheless, income inequality has grown over the last few decades almost regardless of who is elected to the presidency and congress.

There is a growing consensus among scholars that one of the biggest drivers of income inequality in the United States is government activity (or inactivity). Just as the New Deal and Great Society programs played a key role in leveling income distribution from the 1930s through the 1970s, federal policy since then has contributed to expanding inequality. Growing inequality bolsters the resources of the wealthy leading to greater influence over policy, and it contributes to partisan polarization. Both prevent the passage of policy to address inequality, creating a continuous feedback loop of growing inequality. 

https://global.oup.com/academic/product/the-new-economic-populism-9780190671013?q=The%20new%20economic%20populism:%20how%20states%20respond%20to%20economic%20inequality&lang=en&cc=us#
ER  -