Part II in My Series of Op-Eds on Fiscal & Monetary Policy

American wealth disparity now exceeds the vast chasm of the Gilded Age, immediately before the Great Depression. Income inequality in the U.S. is so extensive that our own CIA compares us to such kleptocracies as Cameroon and Russia.

Why is this?  Few want to live in a society of extreme “haves” and “have nots.”  That’s not good for anyone.

In this op-ed, I delve deeper into the root causes.  I hope you find it interesting.