Letter: The obscenely rich get obscenely richer

Most people are marginal participants in the American economy, while a relatively miniscule number of individuals reap spectacular benefits from it. Because mass participation is critical to sustained economic growth, many Western democracies, such as the United States, suffer from suboptimal economic performance. This dysfunction can be partially summed up by the age-old axiom, “The rich get richer while the poor get poorer.” But, more accurately, it’s the obscenely rich who g