Rebecca Zisser / Axios

For four decades, the U.S. and the West at large have seen a stark and almost-uniform trend: the number of jobs has grown and the unemployment rate dropped, but average incomes have not. The bulk of the economic fruits in the U.S. and much of Europe has steered to the top, while relatively low-paying jobs -- now almost a quarter of Germany's working-age population, versus 15% in the mid-1990s -- have swelled.

Over the last year, this economic dynamic has spilled over into political instability on both continents. Manufacturing belts with outsized financial anxieties unexpectedly went to Donald Trump's column last year, and he was elected president; a similar phenomenon played out in the U.K. They and other countries have sought to buck the "establishment." And there is no sign that the economy in the U.S. and elsewhere is going to suddenly lift many more boats — fuel for more political chaos.

We asked five experts the following question: How do we avoid the political instability of stagnant income?

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Biden clarifies comments on African American and Latino communities

Joe Biden delivering a speech in Delaware in July. Photo: Mark Makela/Getty Images

Joe Biden explained on Twitter Thursday night what he "meant" by earlier comments suggesting that "the African American community is a monolith."

What they're saying: "Unlike the African-American community, with notable exceptions, the Latino community is an incredibly diverse community with incredibly different attitudes about different things," Biden remarked in an interview hosted by the National Association of Hispanic Journalists and the National Association for Black Journalists, Politico reports.

Updated 35 mins ago - Politics & Policy

Ohio Gov. Mike DeWine tests negative for coronavirus after positive result

Photo: Justin Merriman/Getty Images

Ohio Gov. Mike DeWine (R) tested negative for the coronavirus after initially testing positive earlier Thursday, his office announced.

Why it matters: 73-year-old DeWine was set to meet President Trump Thursday on the tarmac at an airport in Cleveland and was tested as part of standard protocol.

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Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 18,996,008 — Total deaths: 712,476— Total recoveries — 11,478,835Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m. ET: 4,877,115 — Total deaths: 159,990 — Total recoveries: 1,598,624 — Total tests: 59,652,675Map.
  3. Politics: Pelosi rips GOP over stimulus negotiations: "Perhaps you mistook them for somebody who gives a damn" — Ohio Gov. Mike DeWine tests positive.
  4. Public health: Majority of Americans say states reopened too quicklyFauci says task force will examine aerosolized spread Study finds COVID-19 antibodies prevalent in NYC health care workers.
  5. Business: The health care sector imploded in Q2More farmers are declaring bankruptcyJuly's jobs report could be an inflection point for the recovery.
  6. Sports: Where college football's biggest conferences stand on playing.