In 2013, realization of the growing inequality and narrowing opportunity that is America almost crowded out the Kardashians, Honey Boo-Boo and Duck Dynasty from the national "conversation."
Eminences sought to explain. Among them was Larry Summers, who wrote that stagnation might be the "new normal." That takes some brass, as his former boss Bill Clinton would say, considering that Summers and his mentor, Bob Rubin, did so much to create this mess.
Tyler Cowen, the libertarian economist It Guy of the moment, writes in his book Average is Over and in a Time magazine essay that the middle class is pretty much toast. A radical hollowing out will leave some at the top and most in the bottom (which doesn't mean they can't be happy).
With some worthy exceptions (Brad DeLong, Paul Krugman, et al), our thinkers tell us we are powerless against the forces that have been reshaping America.
This is nonsense.