Laments price inflation, without mention of the inflation of the money supply. Laments the increasing cost of education, without mentioning guaranteed student loans. Laments the cost of healthcare, without mentioning the increasing regulatory burden on the healthcare system or the gov. enabled cartels. Laments inequality, without addressing the central bank driving the over-financialization of markets via easy money.
Maybe there is a case that can be made where more central planning can fix these issues, but it is unserious to leave it unaddressed.
Why don't more people vote or engage with state institutions? Perhaps it is because we regard these systems to be immoral and politics to be a fruitless endeavor. The US was founded by individualists who claimed they wanted to limit government's role in our lives. Today the US government accounts for 27% of the US's GDP. Those who aspire to cut this spending are labeled as "un-american" by the author.
Even after the author's journey of upward mobility, he engages in classism. We rightly condemn those who condemn those who use pejoratives for racial classes, ethnic classes or genders, but somehow it is socially acceptable to blame social issues on "The Rich". Even on this site, I regularly see articles which use, "World's Richest Man" as a pejorative.
I listen. I get it. I understand people are unsatisfied. Those who do not seem to understand the latest electoral outcome seem to be asking, "Why can we not double down with even more gov. central planning?"
https://www.aha.org/guidesreports/2017-11-03-regulatory-over...
https://fiscaldata.treasury.gov/americas-finance-guide/feder...
https://www.google.com/search?q=cantillon+effect