Elizabeth Warren Blames Reagan for Rich Getting Richer

‘1980 forward, it just doesn’t happen ... all of the growth goes to the top 10 percent’

EXCERPT:

WARREN: "I think that’s exactly right. Because I think this is about values. And it really is about the sense of what is the job of government? Where is it we’re trying to head? You know, there was a time when everything pretty much that happened in Washington was filtered through the lens of does it help build a middle class, does it help create opportunity for kids like me. I’m the daughter of a janitor who got a chance to go to college because America was investing in opportunities. I went to a college that cost $50 a semester; 1935 to 1980 GDP goes up and 90 percent of America, everybody participates in growth. They get 70 percent of all the new income. 1980 forward, it just doesn’t happen. The 90 percent doesn’t participate in that growth. All of the growth goes to the top 10 percent. That’s not right."

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