Michael R. Strain is director of economic policy studies and Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute (AEI). An economist, his research has been published in academic and policy journals and he has edited two books on economics and public policy.
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Populists on both sides of the political aisle routinely announce that the American Dream is dead. According to them, the game has been rigged by elites, workers can't get ahead, wages have been stagnant for decades, and the middle class is dying. ... SEE MORE