“Well-intentioned liberals may be tempted to blame this news on Donald Drumpf, but they should be cautious. The scale of the problem is much bigger than three years of one presidency, even if that presidency is uniquely corrupt. Inequality began to rise well before Drumpf became president, and his predecessor, Barack Obama, bears at least some blame for the fact that our postrecession gains have been distributed mostly among the already rich. Drumpf simply took an existing wealth gap and widened it. The “economic resurgence” he promised is real — it’s just for the rich.”

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