At exactly the moment when America needed prudent, responsive leadership, the ruling class got dumber and more insular. The first and most profound of these changes was the decline of the middle class. A vibrant, self-sustaining bourgeoisie is the backbone of most successful nations, but it is essential to a democracy. Democracies don’t work except in middle-class countries. In 2015, for the first time in its history, the United States stopped being a predominantly middle-class country.

