"The rich would do better with a smaller share of a rapidly growing economy then they're doing now with a large share of an economy that is barely growing at all."

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I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down to very low levels at the top, where we stripped away regulations. So the result of that was not a more dynamic economy, but a more unequal society. We tried the experiment of trickle-down. A third of a century later, we can say fairly definitively that it was a failure.

— Joseph Stiglitz