From Will Marshall, PPI <[email protected]>
Subject Economic Populism From Both Parties Fails Working Americans
Date May 23, 2025 2:30 PM
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** Economic Populism From Both Parties Fails Working Americans
By Will Marshall
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Founder and President of the Progressive Policy Institute
for The Hill ([link removed])

President Trump’s ([link removed]) startling win in 2016 ushered in a new era of economic populism. Ever since, both parties have been vying to offer a new economic deal to blue-collar Americans, whose earning power had been declining for decades.

They could use a new deal. According to the Federal Reserve ([link removed]) , real median earnings for non-college workers fell 14 percent over the past 40 years, while those for workers with a bachelor’s degree or higher have grown by 14 percent.

Opportunity in America looks very different to people on opposite sides of the diploma divide. Whereas non-college workers contend with downward mobility, the highly educated rise into tonier precincts of upper-middle-class affluence.

This disparity disfigures our society, and populists across the political spectrum are right to want to redress it. Unfortunately, they have proved better at posturing as working-class tribunes than at tangibly improving their lives.
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