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applegrove

(118,008 posts)
Wed Jan 20, 2016, 08:14 PM Jan 2016

Trump popularity linked to 'mass dissatisfaction'

Trump popularity linked to 'mass dissatisfaction'

by Antonio Matthews at CNBC

http://www.cnbc.com/2016/01/20/

SNIP.............


The rise of populism in U.S. politics is a direct result of a growing disparity in trust between the vast majority of the population and the global elite, public relations executive Richard Edelman told CNBC on Wednesday at the World Economic Forum in Davos, Switzerland.

This gap in trust between the "informed public" — college-educated professionals with a household income in the top 25 percent for their age in their country — and the general population is now the largest ever, his eponymous communications marketing firm has found.

........


"I think Richard Edelman's trust barometer reflects an extraordinary truth about the fact that we have got too many CEOs paying attention to what shareholders want in the short term; too many CEOs paying attention to what is going to make the share price perform in the short term," Blackstone Vice Chairman John Studzinski told CNBC on Wednesday at Davos.


The investment banker concurred with Edelman's assertion that executives should speak out and act on issues of public concern like the environment, unemployment and youth unemployment.


..............SNIP
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Warpy

(110,900 posts)
1. Well, DUH
Wed Jan 20, 2016, 08:36 PM
Jan 2016

I said that many months ago about both Trump and Sanders. Central party power elites have become completely disconnected from the base in their incessant search for corporate and 1% money. They've caved far too much to the banks and the billionaires. In addition, the GOP has ceded far too much moral ground to the corrupt right wing televangelists.

The success of these campaigns shows both parties are in serious trouble.

applegrove

(118,008 posts)
3. I know I post things that have been said before but you never know who will be logging onto the DU
Wed Jan 20, 2016, 08:40 PM
Jan 2016

for the first time. I also think when you give a new context to an idea, like the CEOs not paying any attention to the general public anymore, it helps move the issue up in peoples minds.

Warpy

(110,900 posts)
5. I know you're not slow on the uptake, but CNN Money sure is
Wed Jan 20, 2016, 08:42 PM
Jan 2016

if they're only now figuring this stuff out and only about the Republicans.

Blus4u

(608 posts)
2. One could make the same argument for Sander's continuous rise in popularity.
Wed Jan 20, 2016, 08:37 PM
Jan 2016

Too much power by too few.


Peace

Octafish

(55,745 posts)
4. In the richest times in history, the middle class evaporates...
Wed Jan 20, 2016, 08:42 PM
Jan 2016

...the poor fall through the cracks, and national policies are wars without end, welfare for the wealthy and austerity for everybody else; yes, there would be mass dissatisfaction.

BillZBubb

(10,650 posts)
6. Yet how does this dissatisfaction coalesce around a 1%er llke Trump?
Wed Jan 20, 2016, 09:13 PM
Jan 2016

He doesn't have the interest of the average citizen as a priority.

Or even worse a complete loon like Cruz?

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