Alienation Quote by David Frum
“One of the great drivers of the alienation that has made Donald Trump possible is that the growth in the American economy has been weak. In the decade from 2005 to 2015, there was not one year when the US hit three per cent growth. And to the extent there's been growth, virtually all of it has been collected by the top 10 per cent of the population. Obviously, if we knew how to make growth faster, we would. We don't. And it's very difficult to make growth more broadly shared. Because it's not just the US that has this problem.”
About This Quote
Source Speech: Economic Commentary, 2016
Economic growth has been weak, concentrated among the wealthy, making broad-based prosperity difficult.
In simple terms: Growth is weak and uneven.
Key Takeaway
Address inequality to boost shared growth.
Themes
economics
inequality
growth
politics
Mood
concerned
analytical
Type
political
economic
When to use this quote
- policy making
- business strategy
- public debate
Key Concepts
distribution of wealth
policy challenges
global trends
Questions to Reflect On
- What policies could broaden growth?
- How can societies balance growth with equity?
A Different Perspective
Growth may be limited by structural factors beyond policy.
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