By Andrew SullivanThe Washington PostNovember 17, 2018 14:20:04The election of Donald Trump, who campaigned on a promise to drain the swamp, has brought with it a flood of political donations from the rich and powerful.
This has led to the biggest concentration of wealth and power in American history.
But while the rich have gotten richer, the rest of us have seen their fortunes slide.
The Washington post’s chief economics writer, Andrew P. Napolitano, has been on the beat for a long time on how wealth and wealth inequality have changed the lives of ordinary Americans.
He told me: The idea of Trump was that he was going to give you a new way of life.
But as soon as he took office, the rich got richer.
They got richer, and the poor got poorer.
It is not just that the wealthiest people are doing better.
The poor are getting poorer.
It is the reverse.
That is the true story.
When I went to work for the New York Times in 1997, I was a journalist.
The median income for a working class person in New York City was about $50,000.
Now, it is $17,000 a year.
The bottom 50 percent of Americans have seen more of their incomes decline than the top 1 percent.
The top 1.6 percent has seen more income rise.
And that gap has widened.
It used to be that you could say, Well, if the rich get richer, so does the poor.
Now, we know it’s not true.
And it is an ugly truth.