Trumponomics = Obamonomics

The Society for Human Resource Management reports the Hay Group's forecast of declining real wage increases for 2018. This is a global phenomenon, not limited to the US. Central banks are expanding credit globally, resulting in escalating stock and real estate markets coupled with stagnant real wages due to what Keynes called "money illusion."

Phil Magness on Facebook has mentioned that Keynes was a leading eugenicist. The coupling of declining real wages for the average worker, especially in rural areas, with increasing subsidization of elite, urban financial and real estate investors is consistent with social Darwinism. 

The strongest proponents of absolute equality, the Democrats, are most closely related with Keynesian economics and social Darwinist redistribution from rural blue collar workers to urban banking interests--although the Republicans are a close second.  

In effect, there is little difference among the econmic policies of the Democrats and the Republicans:  Reagan, Bush I, Clinton, Bush II, Obama, and Trump have all overseen expansive stock and real estate markets with stagnant or declining real wages. 

One clue as to how this has proceeded is in the declining number of commercial banks. Expanding credit facilitates takeovers, which means that urban-centered banks consolidate rural banks. In turn, credit is less likely to flow to rural areas because rural investments are too small for the consolidated banks.  Hence, stagnant real wages have accompanied economic declines in rural areas, a point the Wall Street Journal recently emphasized.