The Broken Economic Order
Donald Trump
In many ways, Donald Trump’s election to a second term as U.S. president is a story of economic dissatisfaction. For the first time in decades, the Democratic candidate received more support from the richest Americans than from the poorest. In 2020, most voters from households earning less than $50,000 a year opted for the Democrat, Joe Biden; in 2024, they favored the Republican, Trump. Those making more than $100,000 a year, meanwhile, were more likely to vote for Kamala Harris than for Trump.
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