Allison Schrager

Billionaires are now Public Enemy No. 1 in America. Majorities of voters, in both parties, think the gap between the rich and poor is a big problem and that the rich have too much power. To be fair, this economy does seem to be making a lot of people anxious and unhappy, but it’s not Elon Musk or Marc Zuckerberg’s fault. If anyone is to blame, it is the upper middle class.

In other words, if you are reading this — or, come to think of it, writing it — you. Us. We are the problem.

Allison Schrager is a Bloomberg Opinion columnist covering economics, a senior fellow at the Manhattan Institute and an author.

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