Guest Blog Post: A Brief Primer on Inequality by Larry Fondation

Over the past 30 years, since the Presidency of Ronald Reagan, the gap between rich and poor has widened tremendously.

Three decades ago, Americans’ income tended to grow at roughly similar rates, no matter how much you made. But since about 1980, income has grown most for the very rich. For the poorest 20 percent of families, it has dropped.

Incomes for the top 1 percent of American wage earners soared 31 percent from 2009 through 2012, after adjusting for inflation, according to data co...