Income inequality isn’t about the rich — it’s about the rest of us

… Polls show that Americans pretty much always want income to be distributed more equitably than it currently is, but they’re more willing to tolerate inequality if they are still plugging ahead. That is, they care less about Lloyd Blankfein’s gigantic bonus if they got even a tiny raise this year. …

Generally speaking, Americans who are pessimistic about their ability to improve their own living standards are more likely to think that “differences in income in America are too large,” “inequality continues to exist because it benefits the rich and powerful,” and “large differences in income are unnecessary for prosperity,” according to survey analysis by Leslie McCall, a sociology professor at Northwestern. CONT.

Catherine Rampell, Washington Post

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