Yes, Bill's comments were spot on. The current situation is multi-factoral, the result of decades of decisions and developments, the biggest one, no doubt, NAFTA, cooked up by Reagan and Mulroney in the late 1980s; the loss of specific jobs to technology (receptionists and truck drivers are slated to be next); and the erosion of white male privilege. Yes, it is correct to talk about the latter--it happened. 

The problem with the Trump universe is that it doesn't understand what went wrong or why its proposed fixes will NOT correct some trends. There will be no turning back of technology or gains for women. There will be no real turning back of globalization because it's actually has many pluses, including knowledge transfer and economic growth. It's quite possible that we are beyond the days of one job, a house for everyone, and a nice union to keep it going. This is why some nations are going for universal (free) post-secondary education. It's a new world; get used to it.