Inequality Has Been Going On Forever ... but That Doesn’t Mean It’s Inevitable
We have been living with rising income inequality for so long — in good times and bad, under Republican presidents and Democratic ones — that it has come to seem inevitable. It is no longer news that the affluent did better than everyone else during the booms of the 1980s and ’90s and through the mediocre growth of this century’s first years. Or that the rich have recovered from the financial crisis far better than the rest of country.
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