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That does seem to be the case, although I think Trump is also riding high on a wave of anger.
When Middle America sees their income stagnating as the cost of living rises, when the notion that each generation is wealthier than the one before it starts to fade away, when job security is a thing of the past, and when presidential candidates appear to be sold to the highest bidder, it's easy to see why people are drawn to a guy who at least talks a good game regarding getting incumbents out, and who is wealthy enough that he doesn't need to take money from anyone.
When it seems to people (with at least some justification) that the system is badly broken and things that are supposed to fix it just end up making things worse, they will vote for someone promising something extreme. The trouble is from where we are now, economically speaking, there is no way out without causing huge financial pain to large numbers of people. It's hard to see things working out very well for savers, since borrowers are a majority and the government is a huge borrower. When the government has debts in excess of $17,000,000,000,000 they have an obvious vested interest in keeping interest rates as low as possible and devaluing the currency. Too bad for the people trying to make ends meet, trying to save a deposit on a house, trying to put money by for a rainy day.
But isn't Donald Trump the highest bidder himself? His appeal is a sham appeal to the masses. He says "I am an outsider" when his wealth and position has been obtained by a thousand back room deals in politics and with politicians. His plan is not to increase the wealth of the common people. He aims to increase his own influence and build his own monumental legacy. He will be richer when he leaves office (should he obtain office) than when he entered it. His class will be richer than they were before. But the masses will be the ones who, without benefit to themselves, build the wealth he and his like will receive.