The voters want to blame their problems on someone else and want solutions that require them to do nothing based on the Trump and Sanders win.
Trump blames our problems on illegal immigrants, muslims and he will solve the economic problems by the US Government winning in economic negotiations with China and the world.
Sanders blames all of our problems on Wall Street and the solution is more taxes on business, rich people and more regulations.
How about the American people doing something to help themselves. It is a new global economy, new skills are needed.
Middle Class and Working CLass wage stagnation is, to a great extent, caused by outsourcing, the huge trade deficit and over supply of cheap Third World Labor in the US domestic market.
This is not "blaming someone else". This is dealing with the reality of the situation.
The voters want to blame their problems on someone else and want solutions that require them to do nothing based on the Trump and Sanders win.
Trump blames our problems on illegal immigrants, muslims and he will solve the economic problems by the US Government winning in economic negotiations with China and the world.
Sanders blames all of our problems on Wall Street and the solution is more taxes on business, rich people and more regulations.
How about the American people doing something to help themselves. It is a new global economy, new skills are needed.
Middle Class and Working CLass wage stagnation is, to a great extent, caused by outsourcing, the huge trade deficit and over supply of cheap Third World Labor in the US domestic market.
You are correct in your definition of the problem but:
Trump says the problem can by solved by closing the border, deporting illegal immigrants, get tough on Muslims and be tougher negotiators with China and other major economic powers.
Sanders says that getting tough with Wall Street will solve the problem.
None of that will solve:Middle Class and Working Class wage stagnation is, to a great extent, caused by outsourcing, the huge trade deficit and over supply of cheap Third World Labor in the US domestic market.
Deporting illegals reduces the supply of labor.
Restricting legal immigration reduces the supply of labor.
BOth of those would put upward pressure on wages.
Better trade policy with China can reduce the massive trade deficits we have now.
Either we export more to them, or we import less from them.
Either way this should put MORE work back in the US. Increasing demand for labor here.
The wage stagnation of the last 30 years is a result of government policy.
It is time to change those policies.