The Massive Populist Wave Taking Over America Can Be Explained With One Stat

The rise of populist politics in the United States has coincided with a major shift in the level of wealth held by average Americans relative to the elite. The wealth levels of the bottom half of Americans in 2019, taking into account the amount of consumer debt they held, were $1.5 trillion lower in liquid […]

CNN Commentator Calls Biden’s ‘Populist’ Economy ‘Silly’

CNN commentator Katherine Rampel said Friday that President Joe Biden's “populist” economic message is “ridiculous.” Biden has recently begun criticizing corporate greed for “shrinkflation,” or shrinking the size of products to cut costs. Rampel said the president should stop touting his economic message and instead criticize former President Donald Trump for his inflationary policies. “I […]