Did we vote for Reaganomics in 2016?

I thought that I was voting for something more along the lines of Pat Buchanan’s America First populist nationalism, but it turns out that Larry Kudlow, Art Laffer and Stephen Moore are running the economy and making all the same mistakes that brought on the Great Depression:

Townhall.com:

“Of all America’s immigrant visa programs, arguably the most successful for the U.S. economy has been the H-1B program. This program admits highly skilled foreign workers who fill vital employment niches to make our Made in America businesses more successful in international markets. Larry Kudlow, the director of President Donald Trump’s National Economic Council, calls these immigrants the “brainiacs.” …

Politico Magazine:

“On a Tuesday evening earlier this month, several dozen Washingtonians gathered in a ballroom at the Trump International Hotel, ostensibly to enjoy an open bar and watch a new PBS documentary about money. In reality, the event also served as a rally for a small clique whose fierce devotion to supply-side economics made them influential figures in the 1980s, and has won them renewed clout and access under President Donald Trump. Invitations listed the hosts as Stephen Moore, a habitué of conservative think tanks, and Art Laffer, the supply-side economist, who did not end up attending. Larry Kudlow, the director of Trump’s National Economic Council and one of the president’s closest advisers, showed up in a pinstriped suit. “Larry Kudlow is my best friend in the world,” gushed Moore in opening remarks, noting that Laffer and Kudlow served as co-best men at his wedding to his second wife, Anne, who sat in the front row. Taking the floor next, Kudlow gazed out at the room and offered a shoutout to Adele Malpass, a RealClearPolitics reporter and former chairwoman of the Manhattan Republican Party, whose husband, David, has just taken over as president of the World Bank on Trump’s say-so. …”

Goldilocks, right?

How is it that Wall Street and Goldilocks are surging to new highs, all these new jobs are being created and yet we still have a raging suicide and opioid epidemic in White America? Could the answer be that Yang is right about this economic black hole caused by automation and offshoring that has opened up underneath the working class and middle class?

What happens when 50% of the US workforce is idled over the next 15 years as deep learning AI transforms the global economy? Are we going to continue to call for still more immigration while cheerleading for Goldilocks because the investor class is so much wealthier?

Are those people losing their livelihoods and facing radically diminished life prospects going to get mad? If they get mad, what happens to Goldilocks and mainstream conservatism then?