U.S. wealth inequality is the highest it has been in nearly four decades, according to federal data, as the economy under the Trump administration appears to increasingly favor the rich.
As of late 2025, the top 1 percent of households held 31.7 percent of wealth, the highest share on record since the Federal Reserve began tracking the figure in 1989.
Blame Reagan.
Back in the Cronkite Era the Fairness Doctrine insured that anytime a station put on an editorial it had to provide equal time to the opposing point of view.
Reagan deregulated the FCC and made it easier for big companies to own and operate radio and TV stations. And he made sure that the emerging cable companies could put on anything and call it ‘news.’
“Blame Reagan”
That’s all you had to say. Any argument that starts with “Blame Reagan” objectively needs no further explanation.
It’s amazing how people are still angry with Ronnie just because he destroyed the middle class and imported tons of cocaine.