Welcome To Inequality 101

04/12/2012 05:44 pm ET
  • John Cassidy The New Yorker

When a group of millionaires appear onstage with a Democratic President to call for higher taxes on people like them, you know one of two things: either the President is in Hollywood, or something interesting is happening in the country at large. In this case, it’s the latter. After three decades in which rising inequality was largely ignored, it has finally emerged as a serious political issue—or, at least, President Obama is trying to turn it into one.

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