Neoliberal/con figures began directing policy in the Reagan/Bush years. The US transitioned away from an industrial economy to a tech/finance economy, which displaced a lot of workers, and shifted power to "tech" businesses. In the foreign policy arena, the US become more overtly imperialist in a sequence of crappy wars that cost taxpayers a lot of money, but didn't accomplish anything constructive.
This all culminated in the post 9/11 wars and bullshit like the PATRIOT act and the bank "bailouts". People like the Clintons, Bushes and McCains and Romneys and the allies on wall street and elsewhere were demonstrated to not only be evil and corrupt, but just incompetent, and opposed to the United States people.
This conflict between the aging and grossly corrupt New York financial/media establishment and a large number of people in the United States culminated in the Trump election. It seems to still be ongoing as the corporate media maintains some influence.
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