Income inequality has been rising for so long that people have started to assume that it has just kept rising, even when the data show otherwise. We don't want to spend years focused on income inequality, only to learn that the financial crisis fixed it for us.
But I don’t think the charts she shows support her argument:
These graphs don’t say that “the recession fixed it for us”. These graphs tell me that income inequality took a cyclical dip as part of a 30+ year rise back to 1920s levels.
I’m inclined to think that, by itself, this trend is probably bad but not catastrophic. But nothing ever happens by itself, and I’m much more vexed by the percentage of the national wealth going, not to people putting their capital at risk or creating value, but to financiers collecting rents by sitting astride key economic nodes.