Ways to lose to Trump: Call him poor

The 2016 presidential candidates and their spouses hang out at a wedding.

The 2016 presidential candidates and their spouses at a wedding in 2005.

Who says Hillary Clinton isn’t the best candidate to address wealth inequality? Racists and bros, mostly—the rest of us know better. Here’s the presumptive Democratic nominee telling the New York Times that she’s open to considering Mark Cuban or another successful businessperson as her vice president:

“Businesspeople, especially successful businesspeople, who are really successful — as opposed to pretend successful — I think, have a lot to offer,” said Mrs. Clinton, whose campaign has begun taunting Mr. Trump with a #PoorDonald hashtag on Twitter, suggesting that he is not nearly as wealthy as he claims. Mr. Trump has cited an audit by the Internal Revenue Service as his reason for keeping his tax returns private.

Clinton supporters on Twitter have begun circulating the claim that Donald Trump is not a multi-billionaire, as he says, and that his net worth is actually less than $100 million. That would put him below the Clintons’ estimated worth of $110 million, nearly all of which they made after Bill became president. Surely, voters will flock to Hillary once they start thinking of her as the richer candidate.

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Slate’s Timothy Noah on income inequality

Slate is midway through what is threatened to be a two-week series on income inequality in America, just in time for the controversial announcement that the President will not try to solve the economy by giving more money to rich people. Timothy Noah looks at several putative dangers to America’s middle class, including immigration, racism/sexism, and computers, none of which accounts for the growing gap between rich and poor in the United States. That gap is enormous. Currently, the wealthiest 1% of Americans take home 24% of the national income. Between 1980 and 2005, more than 80% of the nation’s considerable increase in earnings went to that 1%. To put that in perspective, back in 1915—the era of the Carnegies, Vanderbilts and Rockefellers, as well as a generation of non name-brand robber barons—the top 1% only got 18%. Economically, ours is a less equal America than that of our great grandparents.

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