Free Republic

"The election of Donald Trump is really a kind of class rebellion against people like us, educated professionals who live in cities, who have cosmopolitan views about things," Zakaria said. [snip]"He [Trump} knew that the election of a black president had stirred a kind of ugly racial animus. A small subset but he knew how to get them" Zakaria said.

First, it isn’t true that the economy is undergoing some dramatic shift to “knowledge work” that can only be performed by people who have college educations. When we hear that more and more jobs “require” a college degree, that isn’t because most of them are so technically demanding that an intelligent high school graduate couldn’t learn to do the work. Rather, what it means is that more employers are using educational credentials as a screening mechanism. As James Engell and Anthony Dangerfield write in their book Saving Higher Education in the Age of Money, “the United States has become the...

In February 2005, we were paying less than $2.00 per gallon for gasoline. Today, the gasoline prices are escalating at a faster rate than oil prices. We have gasoline stations taking surveys of each other and boosting their prices to match their competitors. On this date, oil prices have plummeted to a price below $50 per barrel. This price has not been seen since February 2005. Why is it that our gasoline prices have not followed this trend? During the Nixon era, the President placed a freeze on gasoline prices. These prices were much lower than what we are experiencing...