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The Servant Economy: Where America's Elite is Sending the Middle Class SkyLight Illuminations Isle of Canes is theRenowned economist Jeff Faux explains why neither party's leaders have a plan to remedy America's unemployment, inequality, or long economic slideAmerica's political and economic elite spent so long making such terrible decisions that they caused the collapse of 2008. So how can they continue down the same road? The simple answer, that no in charge one wants to publicly acknowledge: because things are still pretty great for the people who run America.