The Partisan Divide on Issues

[Snowflake1996]

One of the hallmarks of any successful Fourth Turning Crisis is the transfer of wealth from the old to the young but more importantly from the rich to the poor. The response and result of the Covid19 pandemic has resulted largely in the opposite: the rich have gotten richer while everyone else suffers. Initially at the start of this turning (2008-2019) we at least had income and wealth inequality indicators start to stagnate relative to the Third Turning which was a good sign. And in the few years before the pandemic we began to see inflation-adjusted incomes for the bottom two quartiles of Americans finally rise. It seems as though we have backtracked to 1980s style economic trends. The stock market and upper income earners are booming while everyone else suffers. 

I’m genuinely worried we’re gonna come out of this looking far more like the Gilded era of the post-Civil War America rather than anything resembling the post-WWII American climate. Sad state of affairs right now.