>In essence this just says that it's possible the rich used to be overwhelmingly rich even before the Reagan era reforms, hence inequality might not have increa

>In essence this just says that it's possible the rich used to be overwhelmingly rich even before the Reagan era reforms, hence inequality might not have increased that much over the past decades. This is hardly comforting for the average person. While that may not be comforting, it does cast doubt on the idea that inequality is the cause of all our ills. Yes, it does smack of the science is not in yet argument - except that this is not climate change. Climate change's academic battle is essentially over. This one is not.