This is short video explains why the bi-coastal elites missed trends of last year, like the popularity of Bernie Sanders and Donald Trump, backlashes against globalism, low tolerance for mass immigration, and skepticism about reports of a growing economy. To put it simply, for the vast majority of Americans and others in the developed world, real incomes have been stagnant to negative since 1988. As a result, the dissatisfied populations are looking for ways to dismantle the systems that have left them behind, on both the left and the right.