Inequality has been marching upwards for 30 years, through Democratic and Republican administrations alike, and there is no stomach for the kinds of heavy taxation it would take to halt the process.

ECONOMIST: Why Jesus was right, for now

This has been going on a long time, under Democratic and Republican administrations alike.

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It must persuade Americans to continue to believe in a system that in the past 20 years, he believes, under Democratic and Republican administrations alike, has been ruthlessly pillaged by the few at the expense of the many.

ECONOMIST: The moneying of America