Almost everything Mr Trump said this week—on history, economics and the technicalities of trade—was utterly deluded. His reading of history is upside down.
On economics Mr Trump’s assertions are flat-out nonsense.
And Mr Trump’s grasp of the technicalities was pathetic.
This catalogue of foolishness will bring needless harm to America. Consumers will pay more and have less choice.
The Economist is not mincing words.
We can no longer say “Gilded Age”.
We must now say “The First Gilded Age”.
Today, in our second Gilded Age, more and more people find their path to the American Dream blocked. When Americans face unaffordable education, lack of accessible healthcare, or lack affordable housing, they aren’t just disadvantaged – they’re trapped, often burdened by massive debt. They have no stable foundation to build their lives.
Agreed. It’s starting to look like the American Middle Class was a blip on an otherwise steady norm of elites holding the majority in both power and wealth.
The power of opportunity is not in what it can do for one person, but how it connects and strengthens bonds between people. When you empower a couple, you allow them to build a family. When you empower families, you allow them to build a community. When you guarantee fundamentals, you’re providing a foundation for those connections to grow and thrive. This is the incredible power and value of community. That is what we are investing in – each other.
I can think of a lot of ways that GMI might not work out as we expect at a broader scale if we don’t simultaneously address a lot of other things in our legal and social contracts. For example, if better rent policies aren’t in place and a landlord now knows each tenant has an extra $1k/mo to live off of, what happens to rents? Do we redistribute a lot of wealth to end up back at our current situation?
That said, I think we need these experiments and we need to be really open to the idea that maybe, just maybe, it will not only work but be the right way to bring back some balance between wealth amassed at the top and a Middle Class that is—for all intents and purposes—gone.
You’re not supposed to fall in love with an ugly font. No one collects specimens of Arial. No one gets into eBay fights for artifacts set in Papyrus. No one walks a hundred miles in a hot New York summer, sweating beyond imagination, getting shouted at by security guys, to capture photos of Comic Sans.
So why do I love Gorton so much?
An amazing deep dive into a typeface that is everywhere and yet, kinda doesn’t exist?