Social acrimony is reaching a fevered pitch. The divide between the two Americas could not be more stark this week. One side of America feels sympathy for a gang-raping frat boy. The entire rest of the world is just now realizing that America is captured by entitled frat boys. Nothing will improve until the Banana Republican base wakes up to the fact that they've been voting against their own economic interest for almost forty years straight. This will be their final lesson. Entitled frat boys are not the solution, they are the problem. The base will be shocked to learn that their latest Frat-Boy-in-Chief is not their saviour. Quite the opposite.
"Clinton captured the largest metros. She bested Trump with 55 percent compared to 40 percent of the vote in metros with more than one million people, and won eight of the ten largest metros. These metros accounted for more than half the vote and generate two-thirds of America’s economic output."
Trump's borrowed tax cut for the rich - "paid for" with higher interest rates and stronger dollar is only making the problem far worse.
Corporate debt, % of GDP: