Kevin Drum looks as the latest data from the Economic Policy Institute and finds that the enriching of the "10%" has been a deliberate ecoomic policy over the past thirty+ years No, not inattention. On purpose.
Instead of trying to ameliorate the effects of a broad economic trend, we've done everything we possibly can to accelerate it. That includes tax policy, financial deregulation, trade policy, anti-labor policy, and much more. And since there's approximately zero evidence that any of this has actually increased economic growth, it means that U.S. policy for the past 30 years has been aggressively dedicated to shifting income share away from the poor and middle class and into the pockets of the already rich. ...Drum,MoJo