Blurts & Spasms

Thanks for the question.

I suspect there are two possibilities:

1. Trump’s reckless and ill-considered promises (mass immigrant deportations, huge tariffs on foreign goods, abandonment of Ukraine, etc.), along with predictably incoherent impulses in both domestic and foreign policy, will likely tank the U.S. economy — and create a downward spiral for the global economy — that will definitely accelerate inequality, but only ***IF*** the resistance of civil servants, U.S. institutions, and the rule of law fail.
2. If the bulwark of sanity in these countervailing forces of civil society holds throughout the coming years, Trump’s impact on income inequality will be minor, IMO, and it will likely continue it’s ever-widening gap of the past several decades.

My 2 cents.